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Assurant Specialty Property

Assurant Specialty Property is a leading provider of insurance services in partnership with financial institutions, mortgage lenders, manufactured home sellers, auto finance companies, property managers and their customers. Services include insurance tracking and management, lender-placed homeowners insurance, and property and personal coverage such as renters, farm and flood insurance. Assurant Specialty Property serves clients and their customers in all 50 states and the District of Columbia.

Property Insurance and Protection

Assurant Specialty Property's strong leadership position in the markets it serves is a result of high level of trust, industry expertise and unwavering commitment to the success of its clients and care for customers. Its mission is to help clients' customers protect what is important to them: their home, their personal property, and their ability to recover from natural, personal and financial catastrophes.

Products and Services

Assurant Specialty Property's broad array of product offerings includes:

Competitive Strengths

Assurant Specialty Property has established market leadership positions in lender-placed homeowners insurance and related services, and manufactured housing homeowners insurance. Assurant Specialty Property has strong, long-term relationships with six of the ten largest mortgage lenders and servicers (based on servicing volume).

Additional Company Information

The business now known as Assurant Specialty Property began with the acquisition of American Security Group in 1980 by AMEV Holdings, Inc., which later became Fortis, Inc. In August 1999, Fortis, Inc. acquired American Bankers Insurance Group, Miami, Florida, and merged its operations with those of American Security Group, forming Assurant Group. The business was renamed Assurant Solutions in February 2004 after Fortis spun off its U.S. insurance operations through an initial public offering. Fortis, Inc. was re-named Assurant, Inc. In June 2005, Assurant divided the Solutions business into two business units Assurant Solutions and Assurant Specialty Property.

 

 
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