NEW YORK, Aug. 15, 2014—Assurant, Inc., a premier provider of specialized insurance products and related services, today announced the promotion of asset management team members, Michael R. Feeney, Paul Koenig, Vadim Lipovetsky and Judi Salvato.
Reporting to Assurant’s Chief Investment Officer Eric Greenman, the asset management team oversees the investment strategy and management of the company’s $16 billion investment portfolio.
“These individuals are leaders in the development and implementation of our investment approach,” said Greenman. “Their well-deserved promotions are a testament to their many contributions to asset management as well as the overall organization and reflect Assurant’s commitment to fostering talent.”
- Feeney was named senior vice president, head of credit and high yield portfolio management. In this role, he will manage the credit team that oversees Assurant’s portfolio and manage the high-yield component of the portfolio. Since 2008, Feeney had served as vice president, head of credit and high yield portfolio management at the company.
- Koenig, a 10-year veteran of Assurant, was named senior vice president, head of investments. Koenig will be responsible for all portfolio management across all asset classes. Prior to his new role, Koenig served as vice president, portfolio management, fixed income.
- Lipovetsky was named senior vice president, head of investment actuarial. In this role, he is responsible for several areas within the asset management process, all of which rely on a combination of actuarial and investment expertise. Lipovetsky joined Assurant in 1999 and most recently served as vice president, head of portfolio risk management and structured products.
- Salvato was named senior vice president, head of investment analytics and operations. In addition to her current duties, Salvato will be responsible for investment analytics across all asset classes and oversee the commercial mortgage operations area. During her 14-year career at Assurant, Salvato has served in a variety of roles and was most recently vice president, head of analytics and cash management.
Assurant is a premier provider of specialized insurance products and related services in North America, Latin America, Europe and other select worldwide markets. The four key businesses -- Assurant Solutions, Assurant Specialty Property, Assurant Health and Assurant Employee Benefits -- partner with clients who are leaders in their industries and build leadership positions in a number of specialty insurance market segments. Assurant businesses provide mobile device protection; debt protection administration; credit-related insurance; warranties and service contracts; pre-funded funeral insurance; lender-placed homeowners insurance; property preservation services; renters insurance and related products; manufactured housing homeowners insurance; individual health and small employer group health insurance; group dental insurance; group disability insurance; and group life insurance.
Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $30 billion in assets and $9 billion in annual revenue. Assurant has approximately 17,500 employees worldwide and is headquartered in New York's financial district. For more information on Assurant, please visit www.assurant.com and follow us on Twitter @AssurantNews.
Assistant Vice President, External Communication