Assurant Solutions Launches Connected Living Division
November 19 2014 - 8:51AM
Business Wire
Provides seamless protection and technical
support for the connected consumer and the smart home
Helping consumers protect their increasingly
connected lives from disruption is the driving force behind the
launch of Assurant Solutions’ Connected Living division.
As the lines between smartphones, appliances, consumer
electronics and other connected devices become blurred, Assurant
Solutions is integrating its mobile and extended warranty programs
divisions to focus on delivering comprehensive protection for the
connected consumer. The Internet of Things market is expected to
grow to $9 trillion with more than 200 billion connected units by
2020, according to IDC.
“Whether through applications, services or insurance, Assurant
Solutions is working to simplify the way consumers purchase
protection and device support for their smart devices and smart
homes,” said Mike Anderson, chief operating officer of Assurant
Solutions. “We expect this shift in focus to provide a significant
competitive advantage for communications providers, mobile
carriers, manufacturers, retailers, financial institutions and
other industries, helping them participate more successfully in the
connected marketplace.”
The organizational realignment brings together 1,700 employees
under a single management team, driving innovation and accelerating
the time to market. Products and services under the Connected
Living umbrella include:
- Mobile device insurance
- Extended protection programs for home
appliances and consumer electronics
- Technical support, repair and
logistics
- Identity theft and data security
solutions
With more than 25 million mobile device insurance subscribers
and 80 million extended protection policyholders worldwide,
Assurant Solutions can leverage valuable consumer insight and
technological expertise to provide one comprehensive source to
protect and maintain the uninterrupted functionality of a
consumer’s connected life.
“We are entering the era of the connected consumer. People are
increasingly dependent on connected products to manage their lives,
and the impact from disruptions will grow as will the demand to
become quickly and easily reconnected,” said Manny Becerra,
president of Connected Living for Assurant Solutions. “That’s why
we’re here. We’re keeping products connected to each other,
customers connected to their products and clients connected to
their customers.”
About Assurant Solutions
Assurant Solutions businesses develop, underwrite, market and
administer specialty insurance including mobile device protection,
extended service contracts and other risk management solutions
through collaborative relationships with mobile carriers,
electronic goods and household appliance manufacturers, retailers,
leading financial institutions, automobile dealers, funeral homes
and other entities. Assurant Solutions serves customers and clients
in Europe, North America, the Caribbean, Latin America and Asia.
With operations in 24 locations worldwide, the Assurant Solutions
executive offices are based in Atlanta, in the United States.
www.assurantsolutions.com Follow us on Twitter
@AssurantMatters.
Assurant is a premier provider of specialized insurance products
and related services in North America, Latin America, Europe and
other select worldwide markets. The 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.
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 $30 billion in assets and $9 billion in
annual revenue. Assurant has approximately 17,500 employees
worldwide and is headquartered in New York's financial district.
www.assurant.com
Media:Assurant SolutionsAndy MusPR
Director770-763-1694Email: andy.mus@assurant.com
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