Assurant Acquires Protection Point, Expanding Commercial Equipment Capabilities in Canada
The acquired business already operated exclusively in support of Assurant’s commercial equipment business in Canada.
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Acquisition adds scale, specialized expertise and distribution capabilities to support continued growth in Canada’s commercial equipment protection market
Based in
The acquisition builds on a longstanding relationship, as Protection Point already operates exclusively in support of Assurant’s commercial equipment business in
“Protection Point has been an important partner to Assurant for many years, and bringing the business into Assurant is a natural next step in our relationship,” said Paul Cosgrove, President, Assurant Canada. “The business has built strong relationships and deep expertise in Canada’s commercial equipment market, while delivering impressive growth. Combining those capabilities with Assurant’s scale, underwriting expertise and broader protection platform positions us well to accelerate our growth in this market and deliver even greater value to our clients and their customers.”
The acquisition further strengthens Assurant’s Commercial Equipment capabilities in
“Our longstanding partnership with Assurant reflects a shared commitment to our dealers and customers,” said Ian Young, former President, Protection Point. “Joining Assurant builds on that foundation, bringing together our team’s commercial equipment expertise and relationships in
Protection Point provides end-to-end support across the commercial equipment protection lifecycle, including dealer engagement and onboarding, sales and training, customer support, claims intake and administration, enrollment processing, contract administration, and premium and remittance management.
“Commercial equipment represents an opportunity to build on the capabilities Assurant has developed globally, and
About Assurant
Assurant, Inc. (NYSE: AIZ) redefines the boundaries of protection – safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’s leading brands. As a Fortune 500 company operating in 21 countries, Assurant leads the way in leveraging insights and technology to transform customer connections that build loyalty and drive value.
Learn more at assurant.ca.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261105628880/en/
Media Contact:
Neeti Dhawan
Director, International Communications
neeti.dhawan@assurant.com
Source: Assurant, Inc.