Assurant Announces Leadership Changes in Europe and Latin America

ATLANTA--(BUSINESS WIRE)-- Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, today announced leadership changes in Europe and Latin America.

"Assurant’s unwavering commitment to best-in-class talent around the world and strengthening global mobility has built a strong leadership team and bench, enabling seamless international transitions and strategically accelerating our business growth," said Subhashish Sengupta, Chief People Officer, Assurant. “These appointments underscore the success of our talent investments and our dedication to nurturing future leaders and advancing global excellence."

Today, Assurant announced the appointment of Felipe Sanchez as its new president, Europe, subject to receipt of regulatory approval. Sanchez will have responsibility for Assurant’s European strategy to deliver growth in France, Germany, Italy, Netherlands, Spain, and the United Kingdom (UK). He brings exceptional leadership, global vision, and proven expertise in driving innovation and business development to this new role.

Sanchez, who joined the company as president, Assurant Mexico, led impressive results in Global Auto and Connected Living, driving growth in Latin America. With more than 30 years of experience in executive leadership, business and marketing management, and strategic planning, he has built high-performing teams across the Caribbean, Central America, and the United States. Sanchez will report to Federico Bunge, president, International.

Sanchez succeeds Christian Formby, who after five years as European president, has been appointed president, Specialty Solutions, Global Housing, which includes Manufactured Housing, Condominium and other related product lines. Christian’s success managing Assurant’s European business and Global Housing experience will be essential to driving Property Solutions business growth. Christian will report to Mike Campbell, president, Global Housing.

As the appointment of Sanchez is subject to receipt of regulatory approval from the UK Financial Services Regulators, during this transitional period, Formby will retain regulatory responsibility.

After six years as president of Assurant in Argentina, Diego Gomez will be appointed president of Assurant Mexico. Gomez led Assurant Argentina as CEO, and he brought vision and strategic leadership to the company. Under Gomez’s leadership, Assurant Argentina opened the first Global Capabilities Center (GCC) in Buenos Aires, which has brought new jobs, opportunities, and career advancement for our employees. Gomez has 20 years of experience at Assurant in insurance and related services, leading teams in Latin America and Europe. Before being appointed country manager for Argentina, Gomez developed an impressive career including roles as LatAm COO and Chief Risk Officer, European COO and actuarial manager in Argentina. Gomez will continue to report into Ricardo Fiuza, president, Latin America.

Ines Aramburu is appointed president of Assurant Argentina. Most recently as vice president of Assurant International’s People organization, Aramburu facilitated international development by aligning talent with business priorities and creating and delivering global programs, while supporting significant growth projects. Aramburu was instrumental to launching Assurant’s Argentina GCC, while also playing a key role in opening Assurant’s second GCC in India. By fostering global collaboration, Aramburu effectively matched talent and expertise to support business transformation initiatives in all of Assurant’s International regions. Aramburu will report directly to Ricardo Fiuza.

"At the heart of Assurant is our people, and we are committed to developing our talent, ensuring a strong leadership team with diverse expertise. Felipe, Diego, and Ines are visionary leaders with extensive experience and success. They will drive our strategic initiatives and maintain the high standards of excellence that our clients expect," said Sengupta.

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About Assurant

Assurant, Inc. (NYSE: AIZ) is a leading global business services company that supports, protects and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and to deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products and other products.

Learn more at assurant.com.

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Media:

Lorraine Doherty

Director Communications, International

lorraine.doherty@assurant.com

Source: Assurant, Inc.