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Assurant Reorganizes Property Units.
New York -- Assurant has reorganized its Assurant Solutions divisions into two separate businesses: Assurant Specialty Property and Assurant Solutions, the latter being the division that has in the past been known as Consumer Protection Solutions.
The company has named S. Craig Lemasters the president and chief executive officer of Assurant Solutions, which will encompass the company's credit insurance and debt protection-administration products, extend service contracts and warranties, and vehicle service contracts. Mr. Lemasters will also oversee international operations.
Assurant has named John B. Owen president and CEO of Assurant Specialty Property, a unit that will include the company's creditor-placed homeowners insurance, manufactured housing and other specialty property products.
Assurant said it "anticipates the transition will be complete by the end of the year and that ...
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Source: HighBeam Research, Assurant Reorganizes Property Units.