Welcome to our dedicated page for Assurant news (Ticker: AIZ), a resource for investors and traders seeking the latest updates and insights on Assurant stock.
Assurant, Inc. operates as a global protection company that partners with brands to safeguard and service connected devices, homes and automobiles. Company news commonly centers on Global Lifestyle and Global Housing results, including mobile device protection, Connected Living trade-in and upgrade programs, extended service contracts, lender-placed homeowners coverage, flood and manufactured housing insurance, and home warranty offerings.
Recurring updates also cover client partnerships with mobile operators, real estate brands and automotive channels; industry reports on the secondary market for mobile devices; quarterly earnings, outlook commentary, catastrophe impacts and capital actions such as share repurchases. These developments reflect Assurant's mix of fee, insurance, warranty and service programs across consumer-device, housing and vehicle-protection markets.
Assurant, Inc. (NYSE: AIZ) has achieved Great Place to Work Certification™ in the U.S. for the second consecutive year, with 84% of employees affirming it as a great workplace, significantly higher than the U.S. average. This recognition highlights Assurant's commitment to employee experience, fostering an inclusive and innovative culture. Globally, the company is certified in 13 countries. The certification, based on independent employee feedback, indicates strong employee retention and satisfaction, which could positively influence company performance and innovation.
Assurant (NYSE: AIZ) has announced a partnership with Altelium to enhance electric vehicle (EV) services. This collaboration combines real-time battery data with advanced modeling and AI, enabling Assurant to offer innovative products like Assurant EV One Protection℠. This service provides extensive coverage for battery repair and replacement for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). The partnership aims to bolster dealer and consumer confidence in EVs while supporting sustainable automotive practices. The introduction of AI-driven insights will enhance customer experiences and promote the adoption of EVs.
Assurant, Inc. (NYSE: AIZ) announces the launch of Assurant Vehicle Care, a new suite of vehicle protection products aimed at dealerships. This suite includes enhanced offerings such as Vehicle Service Contracts, Dealer Certified Limited Warranties, Prepaid Maintenance, and Theft Protection, among others. The product suite is designed to streamline sales and improve customer experience through digital platforms, including the Vehicle Care by Assurant app and VehicleCarePlan.com. Additionally, inflation-optimized pricing enhances product viability. The initiative reflects Assurant's commitment to innovation in the automotive sector and aims to strengthen dealer revenue and customer loyalty.
Assurant, Inc. (NYSE: AIZ) has announced a quarterly dividend of $0.70 per share, payable on March 20, 2023, to shareholders on record as of February 27, 2023. Future dividends will depend on the company's earnings, financial condition, and other factors determined by the Board of Directors. Assurant operates globally across 21 countries, focusing on consumer protection and service solutions, including mobile device protection and specialty insurance products.
Guidewire and Assurant have partnered to enhance the insurance verification process through the Guidewire PartnerConnect program. Assurant's Carrier Direct Endorsement and HOIVerify solutions aim to automate homeowners insurance verification and expedite claim check endorsements. The goal of this collaboration is to streamline data exchange, saving time and effort for insurers and improving customer experience. Guidewire claims it supports over 500 insurers globally, indicating a significant market presence.
CPR Cell Phone Repair, the largest mobile repair franchise in the U.S., has been ranked first in Entrepreneur magazine's Franchise 500 for electronics repair for the second consecutive year. This ranking is based on an analysis of over 150 data points reflecting the franchise's growth, brand power, and financial strength. CPR has enhanced its services, partnering with T-Mobile's device repair program and MobileSentrix for competitive pricing. With over 440 locations, CPR has solidified its leadership in the electronics repair industry.
Assurant, Inc. (NYSE: AIZ) will release its fourth quarter and full year 2022 financial results on February 7, 2023, after market close. A conference call will follow on February 8, 2023, at 8:00 a.m. ET, where key executives, including CEO Keith W. Demmings and CFO Richard S. Dziadzio, will discuss the results. The live audio webcast will be available on Assurant's Investor Relations website, with an archived replay accessible shortly after the live event. Assurant operates in 21 countries, offering services such as mobile device solutions, vehicle protection, and renters insurance.
Assurant, Inc. (NYSE: AIZ) announced its target to reduce greenhouse gas emissions by 40% by 2030, aligning with the Paris Agreement and the Science-based Targets initiative. This goal is part of their commitment to sustainability, supported by their real estate consolidation and energy-saving measures across 21 countries. Assurant retained a ‘B’ CDP score for five consecutive years, indicating strong environmental transparency. In 2021, the company achieved a 10% decline in Scope 2 emissions, indicating progress in reducing its environmental impact.
Assurant (NYSE:AIZ) reported a record $970 million returned to U.S. consumers in Q3 2022 through mobile device trade-in and upgrade programs, reflecting a 28% year-on-year increase. This marks the highest third quarter return recorded. The Mobile Trade-in and Upgrade Industry Trends Report highlights continued growth in the secondary device market, with notable trends such as the iPhone 11 being the top traded device. Despite a decrease in average trade-in value to $111, the number of trades conducted online rose significantly by 86% year-on-year.
Assurant employees globally participated in a 5K run this October, raising over $340,000 for the United Way. This brings the total funds raised since the event's inception to $1.4 million. Over 840 participants engaged, with events held in Atlanta and Miami, along with virtual participation. The funds support United Way efforts in multiple locations, reinforcing Assurant's commitment to community welfare and employee volunteerism.