Assurant names Michael Campbell COO with $750K equity top‑off and LTIP

Rhea-AI Filing Summary

Assurant, Inc. announced that Michael P. Campbell will become Executive Vice President, Chief Operating Officer, effective September 15, 2025. Mr. Campbell has been with Assurant since 2006 and has held senior roles including Executive Vice President and President, Global Housing, and prior leadership of lender-placed, flood and specialty property businesses.

The company disclosed Mr. Campbell's pay package: an annual base salary of $620,000 (pro-rated from the effective date); a 2025 target annual bonus opportunity equal to 100% of his pro-rated base salary; a 2026 long-term incentive target equal to 300% of his adjusted annual base salary; and a one-time equity top-off award with a grant date value of approximately $750,000 to be granted on October 1, 2025 (25% restricted stock units and 75% performance stock units under the company plan). The filing attaches a news release as Exhibit 99.1 and is signed by the company secretary.

Positive

• Experienced internal appointment: Michael P. Campbell has served at Assurant since 2006 and held multiple senior roles, supporting continuity.
• Performance-linked pay mix: the disclosed package includes PSUs and a 300% long-term incentive target, emphasizing pay-for-performance alignment.

Negative

• Incremental compensation and potential dilution: the one-time $750,000 equity top-off and ongoing LTIP grant could modestly increase equity-based dilution and compensation expense.
• Limited PSU detail provided: the filing does not specify performance metrics or vesting conditions for the performance stock units, limiting assessment of incentive rigor.

Insights

Corporate Governance Expert

TL;DR: Internal promotion supports continuity; compensation disclosure is routine but worth monitoring for governance and succession implications.

The appointment of Michael P. Campbell to COO is an internal promotion from long-tenured leadership roles, which typically signals operational continuity rather than strategic change. The firm provided full compensation terms, increasing transparency for shareholders. The disclosed mix—base salary, annual bonus target, long-term incentive target and a one-time equity top-off—aligns executive pay with multi-year performance, though the filing does not discuss any clawback, holding period or specific performance metrics for the PSUs beyond plan terms. Overall, this is a governance-appropriate disclosure of a senior management change with limited immediate material impact on corporate strategy.

Compensation Specialist

TL;DR: Pay package blends cash and performance equity; a 300% LTIP target and 75% PSU in the top-off emphasize pay-for-performance.

The package sets a $620,000 base salary and a 100% target annual bonus (pro-rated for 2025), which are conventional cash elements. The 300% long-term incentive target for 2026 and the one-time $750,000 equity top-off (25% RSUs, 75% PSUs) skew compensation toward equity and performance outcomes, increasing alignment with shareholder value creation if PSUs vest on performance. The filing is explicit about amounts and timing but does not specify PSU performance hurdles or potential dilution impact, which are relevant to assess full shareholder cost and incentive quality.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 11, 2025

Assurant, Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware

001-31978

39-1126612

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

260 Interstate North Circle SE

Atlanta, Georgia 30339

(770) 763-1000

(Address, including zip code, and telephone number, including area code, of Registrant's Principal Executive Offices)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class			Trading Symbol(s)			Name of Each Exchange on Which Registered
Common Stock, $0.01 Par Value			AIZ			New York Stock Exchange
5.25% Subordinated Notes due 2061			AIZN			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 12, 2025, Assurant, Inc. (the “Company”) announced the appointment of Michael P. Campbell to serve as Executive Vice President, Chief Operating Officer, effective September 15, 2025 (the “Effective Date”). Mr. Campbell, 58, most recently served as Executive Vice President and President, Global Housing, since 2019. Prior to that, Mr. Campbell served as President of the lender-placed and flood insurance businesses beginning in 2016, and Chief Operating Officer for the Company’s specialty property lines of business beginning in 2014. Mr. Campbell joined Assurant in 2006 through an acquisition and has held several executive roles.

In connection with Mr. Campbell’s appointment, he will receive the following compensation: (i) annual base salary of $620,000 on a pro-rated basis from the Effective Date; (ii) 2025 target annual performance bonus opportunity of 100% of his applicable annual base salary on a pro-rated basis from the Effective Date; and (iii) target 2026 long-term incentive opportunity of 300% of his adjusted annual base salary. Mr. Campbell will also receive a one-time top-off equity award on October 1, 2025 with a grant date value of approximately $750,000, with 25% of such amount in the form of restricted stock units and 75% of such amount in the form of performance stock units under the Assurant, Inc. 2017 Long Term Equity Incentive Plan, as amended and restated.

Other than as set forth above, Mr. Campbell will continue to participate in the Company’s compensation and benefits programs in the manner described in the Company’s 2025 Proxy Statement filed on April 8, 2025.

A copy of the Company’s news release is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.			Exhibit
99.1			News Release, dated August 12, 2025.
104			The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			ASSURANT, INC.
Date: August 12, 2025			By:						/s/ Mariana Wisk
									Name: Mariana Wisk
									Title: Senior Vice President, Corporate Secretary

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FAQ

Who was appointed COO at Assurant (AIZ)?

Assurant appointed Michael P. Campbell to serve as Executive Vice President, Chief Operating Officer.

When is the COO appointment effective for Assurant (AIZ)?

The appointment is effective on September 15, 2025.

What is Michael Campbell's base salary and bonus opportunity at Assurant (AIZ)?

He will receive an annual base salary of $620,000 (pro-rated) and a 2025 target bonus of 100% of his pro-rated base salary.

What long-term incentives were disclosed for Assurant's new COO?

Target 2026 long-term incentive equals 300% of his adjusted annual base salary, plus a one-time equity top-off valued at approximately $750,000 granted on October 1, 2025 (25% RSUs; 75% PSUs).

Where can investors find the company announcement?

The company attached a news release as Exhibit 99.1 to the Form 8-K filed August 12, 2025.

Who signed the 8-K for Assurant (AIZ)?

The Form 8-K was signed by Mariana Wisk, Senior Vice President, Corporate Secretary.