Assurant at the Beginning
Assurant traces its roots back to 1892 when LaCrosse Mutual Aid Association began offering disability insurance. Lacrosse later changed its name to Time Insurance Company.
Laying the Foundation for Assurant
Time Insurance Company is acquired by N.V. AMEV of the Netherlands. It is the Dutch company’s first U.S. acquisition. The company sold individual health and small group insurance plans.
A Time of Growth
Fortis, Inc. – Assurant’s predecessor – was formed when AMEV/VSB of the Netherlands and AG, joined forces in the first cross-border European merger in the financial sector. Fortis was a financial services company that, through its operating companies and affiliates, provided specialty insurance, such as prefunded funeral insurance, and investment products to businesses and individuals in the United States.
Expansion to Latin America
In 2002, Assurant expanded operations to Latin America. Now, we operate in Argentina, Brazil, Chile, Colombia, Mexico and Puerto Rico.
Assurant Goes Public
Fortis, Inc. completes its initial public offering process and Assurant begins to trade on the New York Stock Exchange under the ticker symbol AIZ.
Assurant in Asia
In 2008, Assurant expanded operations to Asia. Now, we operate in China, Hong Kong, Japan, South Korea and Australia.
Assurant Acquires SureDeposit
This acquisition expanded Assurant's multifamily products and services to offer renters a low cost payment alternative to a security deposit.
A New Vision
Assurant realigns the business to focus on the housing and lifestyle markets. As part of the restructuring, the company announced the wind down of its legacy health business and the selling of its employee benefits business.
Assurant Expands Globally
Assurant acquires The Warranty Group, enhancing its size and presence in its vehicle protection, extended service contracts and financial services businesses across 21countries. It also is the largest acquisition in the company’s history.
J. Braxton Carter
Director
Mr. Carter was elected to Assurant’s board of directors in July 2020. He formerly served as executive vice president and chief financial officer for T-Mobile US, Inc., with oversight for all of the company’s financial functions. He retired from that role on July 1, 2020. Mr. Carter was previously chief financial officer and vice chairman for MetroPCS Communications, Inc., until its acquisition by T-Mobile in 2013. He has also held senior finance leadership roles at PrimeCo Personal Communications, L.P. (now Verizon Wireless Inc.) and Neostar Retail Group, Inc. (now GameStop Corporation). Mr. Carter is a certified public accountant and serves as senior adviser for Deutsche Telekom Capital Partners and on the Board of Advisors for Tap Advisors.
J. Braxton Carter
Director
Mr. Carter was elected to Assurant’s board of directors in July 2020. He formerly served as executive vice president and chief financial officer for T-Mobile US, Inc., with oversight for all of the company’s financial functions. He retired from that role on July 1, 2020. Mr. Carter was previously chief financial officer and vice chairman for MetroPCS Communications, Inc., until its acquisition by T-Mobile in 2013. He has also held senior finance leadership roles at PrimeCo Personal Communications, L.P. (now Verizon Wireless Inc.) and Neostar Retail Group, Inc. (now GameStop Corporation). Mr. Carter is a certified public accountant and serves as senior adviser for Deutsche Telekom Capital Partners and on the Board of Advisors for Tap Advisors.