| Market Capitalization (Millions $) |
13,975 |
| Shares
Outstanding (Millions) |
50 |
| Employees |
14,800 |
| Revenues (TTM) (Millions $) |
13,456 |
| Net Income (TTM) (Millions $) |
1,061 |
| Cash Flow (TTM) (Millions $) |
105 |
| Capital Exp. (TTM) (Millions $) |
215 |
Business Description
Assurant Inc. is a global provider of risk management solutions, specializing in insurance products and related services primarily in North America and select international markets. The company’s mission emphasizes its goal to be the premier provider in its field by concentrating on several strategic areas.
1. Diverse Specialty Insurance Portfolio: Assurant maintains a range of specialty insurance businesses which cater to different market segments. This diversity allows the company to better address the unique needs of its clients, providing tailored solutions rather than generic insurance products.
2. Core Capabilities: Assurant leverages its core capabilities across managing risk, fostering relationships with large distribution partners, and integrating complex administrative systems. These competencies give the company a competitive advantage, enabling it to deliver high-quality service and innovation.
3. Targeted Growth Initiatives: The company actively manages growth initiatives that are strategically aligned with its overall mission. This focus not only helps in expanding its market footprint but also in enhancing its offerings and improving operational efficiencies.
4. Adaptation to Market Needs: Assurant is committed to identifying and adapting to evolving market needs. This proactive approach ensures that the company remains relevant and can respond to changes in consumer preferences and industry trends.
5. Centralization for Efficiency: By centralizing key functions within its Corporate segment, Assurant aims to achieve economies of scale. This strategy enhances operational efficiency, reduces costs, and improves the overall effectiveness of its services.
Overall, Assurant Inc. is dedicated to providing specialized insurance solutions that meet the specific needs of its clients while driving growth and innovation within the industry.
Company Address: 260 Interstate North Circle SE Atlanta 30339 GA
Company Phone Number: 763-1000 Stock Exchange / Ticker: NYSE AIZ
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