Assurant

New York, United States Founded: 1892 • Age: 134 yrs
Homeowner, rental, vehicle, flood, and travel insurance services are provided.
Annual revenue $22.7M Latest available
Total funding - 4 rounds
Employees 196 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Assurant

Assurant is a company based in New York (United States) founded in 1892. The company has 196 employees as of March 31, 2024. Assurant has completed 13 acquisitions, including All Tech-Neek Electronics, American Financial & Automotive Services and American Lease Insurance. Assurant offers products and services including Lender-Placed Insurance, Flood Solutions, and Vehicle Protection Services. Assurant operates in a competitive market with competitors including HUB International, State Farm, AXIS Capital, Manulife and Prudential, among others.

Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $22.7 M (USD)
    25.39
    as on Mar 31, 2023
  • Net Profit
    $1.98 M (USD)
    33.89
    as on Mar 31, 2023
  • EBITDA
    $1.97 M (USD)
    119.83
    as on Mar 31, 2023
  • Latest Funding Round
    $350 M (USD), Debt – Conventional

    Sep 06, 2019

  • Investors
  • Employee Count
    196

    as on Mar 31, 2024

  • Investments & Acquisitions
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Products & Services of Assurant

Assurant offers a comprehensive portfolio of products and services, including Lender-Placed Insurance, Flood Solutions, and Vehicle Protection Services.

Product name locked
Category locked
Primary

Provides insurance for financial institutions and mortgage servicers.

Product name locked
Category locked
Locked

Offers flood risk protection for retail and agents.

Product name locked
Category locked
Locked

Delivers vehicle insurance and support for dealers.

People of Assurant

Headcount 10000+
Employee Profiles 575
Board Members and Advisors 12
Employee Profiles
People
Keith Meier
COO
People
Rebekah Biondo
Deputy CFO
People
Manny Becerra
Chief Innovation Officer
People
Ashley P.
Business Intelligence Manager

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Board Members and Advisors
people
Ogi Redzic
Director
people
Debra J. Perry
Director
people
Paul J. Reilly
Director
people
Jean-Paul L. Montupet
Director

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Funding Insights of Assurant

Investors in Assurant

Assurant has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Karp Capital.

All
Institutional
Investor Description Founded Year Domain Location
Delivers investment advisory services to support financial decision-making.
Locked Locked Locked
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Investor details for Assurant

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Assurant

Assurant has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include All Tech-Neek Electronics, American Financial & Automotive Services and American Lease Insurance.

Investments
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Investment portfolio details for Assurant

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile device repairs and security are delivered on-demand to companies.
Locked Locked 2013 Locked
Online repair services for electronic devices are offered.
Locked Locked 2013 Locked
Extended vehicle warranty plans and service contracts are provided.
Locked Locked 2011 Locked
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Complete acquisition details for Assurant

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Financial Statements - Assurant

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Detailed financials for Assurant

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Assurant Comparisons

Assurant Primary company
Description
Homeowner, rental, vehicle, flood, and travel insurance serv...
Location
New York, United States
Founded Year
1892
Annual Revenue
$22.7 M (USD)
Net Profit
$1.98 M (USD)
EBITDA
$1.97 M (USD)
Employees
196
As of 2024
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Peer comparison for Assurant

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Assurant

Assurant operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HUB International, State Farm, AXIS Capital, Manulife and Prudential, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Investment advisory, insurance distribution, and risk management services are provided.
Locked Locked Locked
Insurance and financial services are provided to individuals and businesses.
Locked Locked Locked
Diversified insurance services are provided across global markets.
Locked Locked Locked
Life insurance and diversified asset management services are provided.
Locked Locked Locked
Life, health, and financial insurance services are provided globally.
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Detailed competitors of Assurant

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  • Domains and locations
  • Full company profiles
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Latest news on Assurant

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Complete news archive for Assurant

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Frequently Asked Questions about Assurant

Assurant was founded in 1892 and raised its 1st funding round 125 years after it was founded.

Assurant is headquartered in New York, United States. It is registered at New York, New York, United States.

Alan Colberg is the current CEO of Assurant.

As of Mar 31, 2024, the latest employee count at Assurant is 196.

Annual revenue of Assurant is $22.7M as on Mar 31, 2023.

Assurant was founded in 1892 and is headquartered in New York, United States. Insurance services encompassing homeowner, rental, vehicle, flood, travel, and related areas are delivered across various markets. Operations are centered in the insurance sector, with a focus on risk protection solutions. In 2022, annual revenues of 10.35 billion and net profit of 0.24 billion were achieved by the company.

Assurant's top competitors include HUB International, AXIS Capital and State Farm.

Assurant offers Lender-Placed Insurance, Flood Solutions, and Vehicle Protection Services.

Assurant has 1 investor. Key investors include Karp Capital.

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