Tag Archives: Assurant Solutions

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Assurant, Inc. Announces Closing of $700 Million Senior Notes

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By Business Wirevia The Motley Fool

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Assurant, Inc. Announces Closing of $700 Million Senior Notes

NEW YORK–(BUSINESS WIRE)– Assurant, Inc., a provider of specialty insurance and insurance-related products and services, announced the closing of its previously announced public offering of $350 million in aggregate principal amount of its 2.50% senior notes due 2018 and $350 million in aggregate principal amount of its 4.00% senior notes due 2023 (together, the “Senior Notes“).

Assurant estimates that the net proceeds from the sale of the Senior Notes will be approximately $693 million, after deducting the underwriting discounts and the estimated offering expenses payable by the company. Assurant intends to use the net proceeds of the Senior Notes offering for general corporate purposes, including to repay $500 million of debt due in 2014.

The offering of the Senior Notes was registered under the Securities Act of 1933, as amended. BofA Merrill Lynch and J.P. Morgan Securities LLC acted as joint book-running managers for the offering.

This news release is neither an offer to sell nor a solicitation of an offer to buy Senior Notes, nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

About Assurant

Assurant is a provider of specialized insurance products and related services in North America and select worldwide markets. The company conducts its business through four operating segments—Assurant Solutions, Assurant Specialty Property, Assurant Health and Assurant Employee Benefits—and provides debt protection administration; credit-related insurance; warranties and service contracts; pre-funded funeral insurance; solar project insurance; lender-placed homeowners insurance; renters insurance and related products; manufactured housing homeowners insurance; individual health and small employer group health insurance; group dental insurance; group disability insurance; and group life insurance. Assurant is headquartered in New York‘s financial district.

Assurant, Inc.
Media:
Vera Carley, 212-859-7002
Director, Media Relations and Financial Communications
vera.carley@assurant.com
or
Investor Relations:
Francesca Luthi, 212-859-7197
Senior Vice President, Investor Relations
francesca.luthi@assurant.com
or
Suzanne Shepherd, 212-859-7062
Director, Investor Relations
suzanne.shepherd@assurant.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Assurant, Inc. Announces Closing of $700 Million Senior Notes originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Assurant to Announce 2013 First Quarter Financial Results

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By Business Wirevia The Motley Fool

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Assurant to Announce 2013 First Quarter Financial Results

News Release on April 24, 2013 and Live Audio Webcast on April 25, 2013

NEW YORK–(BUSINESS WIRE)– Assurant, Inc. (NYS: AIZ) , a premier provider of specialty insurance and insurance-related products and services, will release 2013 first quarter results on Wednesday, April 24, 2013, after the market closes, with the news release available on Assurant’s website at www.assurant.com. In conjunction with the earnings release, Assurant will host a conference call the next morning, Thursday, April 25, 2013, at 8:00 a.m. ET that is expected to last one hour. The call will be made available to the public via live audio webcast.

Robert B. Pollock, president and chief executive officer; Michael J. Peninger, executive vice president and chief financial officer; Christopher J. Pagano, executive vice president, treasurer and chief investment officer; and Francesca Luthi, senior vice president, investor relations, will review 2013 first quarter results during the call.

The live audio webcast will be accessible through the Investor Relations section of Assurant’s website. An archived replay of the webcast also will be available shortly after the live event.

Assurant is a premier provider of specialized insurance products and related services in North America and select worldwide markets. Its four key businesses — Assurant Solutions, Assurant Specialty Property, Assurant Health, and Assurant Employee Benefits — partner with clients who are leaders in their industries and build leadership positions in a number of specialty insurance market segments worldwide.

For more information on Assurant, please visit http://www.assurant.com and follow us on Twitter (@AssurantNews).

Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $29 billion in assets and $8 billion in annual revenue.

Assurant, Inc.
Media:
Vera Carley, 212-859-7002
Director, Media Relations and Financial Communications
vera.carley@assurant.com
or
Investor Relations:
Francesca Luthi, 212-859-7197
Senior Vice President, Investor Relations
francesca.luthi@assurant.com
or
Suzanne Shepherd, 212-859-7062
Director, Investor Relations
suzanne.shepherd@assurant.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Assurant to Announce 2013 First Quarter Financial Results originally appeared on Fool.com.

…read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Assurant Solutions Employee Wins Silver Stevie® Award for Contact Center Manager of the Year

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By Business Wirevia The Motley Fool

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Assurant Solutions Employee Wins Silver Stevie® Award for Contact Center Manager of the Year

ATLANTA–(BUSINESS WIRE)– Specialty risk management company Assurant Solutions was honored in the seventh annual Stevie® Awards for Sales & Customer Service. Senior operations manager Elizabeth Conner won a silver medal in the “Contact Center Manager of the Year” category for leading a smooth operational transition while improving key metrics including Net Promoter Scores.

Conner oversees more than 100 staff who handle more than 600,000 calls each year along with web chats and emails for the company’s Extended Protection Solutions business. Her team helped implement a web-based self service solution for customers that improved customer engagement and increased sales.

“We’re just so proud of Liz and her team for ensuring that our clients and their customers receive world-class customer service,” said Jeff Unterreiner, senior vice president of the Assurant Solutions Extended Protection Solutions business. “Her leadership coupled with innovative, consumer-focused programs ensures that we deliver on our promise of providing responsive customer care. We’re thankful she leads a team committed to enhancing the customer experience.”

Assurant Solutions received two finalist nominations this year: a gold for the Mobile Services division’s “Mobile Triage” technical support solution, and a silver for Conner.

The Stevie® Awards for Sales & Customer Service are recognized as the world’s premier business awards for sales, contact center and customer service professionals. More than 1,100 entries from organizations of all sizes and virtually every industry were submitted to this year’s Stevie® Awards competition. The seventh annual awards were presented during a gala banquet in Las Vegas on Feb. 25, 2013.

About Assurant Solutions

Assurant Solutions businesses develop, underwrite, market and administer specialty insurance, extended service contracts and other risk management solutions through collaborative relationships with leading financial institutions, retailers, automobile dealers, funeral homes, manufacturers, wireless carriers and other entities. With operations in 25 locations, including executive offices in Atlanta, Assurant Solutions serves clients and their customers in 12 countries throughout North America, the Caribbean, Latin America, Europe and Asia. assurantsolutions.com

Assurant Solutions is also part of Assurant, a premier provider of specialized insurance products and related services in North America and worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has over $28 billion in assets and $8 billion in annual revenue. …read more
Source: FULL ARTICLE at DailyFinance