Assurant (AIZ)

Frequently Asked Questions About Assurant (AIZ)

How does Assurant approach sustainability?

Assurant is committed to sustainability and corporate responsibility, actively integrating environmentally friendly practices throughout its operations. The company focuses on reducing its carbon footprint, improving resource efficiency, and promoting responsible sourcing. Assurant also emphasizes social responsibility, supporting community initiatives and ethical business practices, fostering a positive impact on both society and the environment.

How does Assurant ensure data security?

Assurant places a high priority on data security, implementing rigorous protocols to protect sensitive information. The company employs advanced cybersecurity measures, including encryption, access controls, and regular audits. By adhering to industry standards and regulations, Assurant ensures that customer data is safe from breaches and misuse, maintaining trust and compliance in an increasingly digital landscape.

How does Assurant handle customer service?

Assurant prioritizes customer service, providing support through multiple channels, such as phone, email, and online chat. The company invests in training its staff to ensure they deliver high-quality service and assist customers effectively. Assurant's commitment to customer satisfaction is reflected in its responsive claims process and ongoing efforts to gather feedback for continuous improvement.

How does Assurant support innovation?

Assurant fosters innovation by investing in technology and developing new products that meet changing consumer demands. The company employs a dedicated team that focuses on research and development, continuously assessing market trends and customer feedback. By embracing technological advancements, such as digital solutions and data analytics, Assurant enhances the efficiency of its operations and improves its service offerings.

Is Assurant involved in any philanthropic activities?

Yes, Assurant is actively involved in philanthropic activities, focusing on initiatives that support community development and social justice. The company encourages employee volunteerism and contributes to various charitable organizations and causes. Assurant's commitment to giving back underscores its corporate social responsibility and dedication to fostering positive change in the communities it serves.

What are Assurant's future growth strategies?

Assurant's future growth strategies include expanding its product offerings, entering new markets, and enhancing technological capabilities. The company aims to remain agile and responsive to market trends, leveraging data analytics and technology to optimize operations. By focusing on innovation, partnerships, and customer satisfaction, Assurant is well-positioned to achieve sustainable growth and continue delivering value to stakeholders.

What does Assurant do in the mobile insurance market?

In the mobile insurance market, Assurant provides protection plans for devices such as smartphones, tablets, and wearable technology. These plans cover accidental damage, theft, and malfunction, offering consumers peace of mind. Assurant partners with major retailers and carriers to deliver this coverage, emphasizing customer convenience and seamless claims processing to enhance user experience.

What does Assurant do?

Assurant is a global provider of risk management solutions, specializing in insurance products and services across several industries. The company focuses on areas such as property, health, and casualty insurance, offering solutions that protect consumers and businesses. Assurant's operations span various markets, including mobile, housing, and automotive, ensuring that clients receive comprehensive coverage tailored to their specific needs.

What is Assurant's claims process like?

Assurant's claims process is designed to be straightforward and user-friendly, aiming to provide policyholders with prompt and fair resolutions. Customers can initiate claims through various channels, including online platforms, phone support, or in-person assistance. The company emphasizes clear communication and swift processing, ensuring that clients receive the support they need during challenging times.

What is Assurant's employee culture like?

Assurant fosters a collaborative and inclusive employee culture, emphasizing a supportive environment that encourages personal and professional growth. The company values diversity and aims to create an environment where all employees feel valued and respected. Assurant invests in employee development through training programs, mentorship, and career advancement opportunities, aiming to attract and retain top talent.

What is Assurant's financial performance like?

Assurant has demonstrated a solid financial performance over the years, showcasing consistent revenue growth and profitability. The company's diverse portfolio across various insurance sectors contributes to its resilience in fluctuating market conditions. By focusing on customer satisfaction and innovative solutions, Assurant aims to maintain a strong financial position while delivering value to its shareholders.

What is Assurant's stock symbol?

Assurant's stock symbol is AIZ, which is traded on the New York Stock Exchange (NYSE). The company's publicly traded status allows investors to buy and sell shares, providing them with an opportunity to be part of Assurant's growth story. The stock performance is influenced by various factors, including market trends, financial results, and overall economic conditions.

What markets does Assurant operate in?

Assurant operates in multiple markets globally, with a significant presence in North America, Latin America, Europe, and Asia. The company focuses on several key sectors, including mobile device insurance, housing, automotive, and health. This diverse portfolio enables Assurant to leverage opportunities across different regions and adapt to regional market trends and consumer needs.

What partnerships does Assurant engage in?

Assurant engages in partnerships with various organizations, including retailers, manufacturers, and service providers, to enhance its insurance offerings. These collaborations allow Assurant to expand access to specialized coverage and innovative solutions tailored to customer needs. The company's strategic alliances help strengthen its market position and promote growth within different industries.

What recent acquisitions has Assurant made?

Assurant has made several strategic acquisitions to strengthen its market presence and diversify its offerings. Recent acquisitions have focused on enhancing its capabilities in key sectors like housing and mobile device protection. By integrating complementary businesses, Assurant aims to leverage synergies and expand its service portfolio, ultimately positioning itself as a leader in risk management solutions.

What types of insurance does Assurant offer?

Assurant offers a diverse range of insurance products, including property insurance, renters insurance, mobile device protection, automotive insurance, and life insurance, among others. Their offerings are designed to cater to individual and commercial customers alike. Assurant provides specialized coverage plans that are responsive to evolving consumer needs, ensuring clients are adequately protected against various risks.

When was Assurant founded?

Assurant was founded in 1892, originally as a fire and marine insurance company. Over the years, it has evolved significantly, expanding its offerings and entering new markets. The company has undergone various name changes and mergers, ultimately becoming Assurant, Inc. in 2004. It has established itself as a key player in the insurance industry, focusing on innovative solutions and customer service.

Where is Assurant headquartered?

Assurant is headquartered in New York City, New York. This strategic location allows the company to be at the heart of the financial services industry, facilitating access to key partners and resources. The New York headquarters serves as a central hub for its operations, management, and corporate activities, reinforcing the company's commitment to innovation and growth in various markets.

Who are Assurant's main competitors?

Assurant faces competition from several major players in the insurance and risk management sectors. Some of its primary competitors include Allstate, Progressive, AIG, Travelers, and Liberty Mutual. These companies, similar to Assurant, provide a broad range of insurance products and services. Assurant distinguishes itself through its focus on niche markets and strong customer service, seeking to build long-term relationships with clients.

What is the current price of Assurant?

The current price of Assurant is 203.42

When was Assurant last traded?

The last trade of Assurant was at 4:10 pm EDT on April 3rd, 2025

What is the market capitalization of Assurant?

The market capitalization of Assurant is 11.96B

How many shares of Assurant are outstanding?

Assurant has 58.81M shares outstanding.