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Assurant Milestones

 

2004          
Assurant is born when Fortis, Inc. completes its initial public offering process and begins to trade on the New York Stock Exchange.

 
2003
Fortis announces its intention to sell Fortis, Inc. via an initial public offering. Fortis, Inc. begins process of becoming Assurant -- a publicly traded company.

 
2001
Acquisition of Protective Life’s indemnity dental business and prepaid dental subsidiaries, positioning Assurant Employee Benefits as the leader in the voluntary (employee-paid) dental benefits market.

Fortis Financial Group, the company’s variable life insurance and annuity businesses and its proprietary mutual fund complex, is sold when variable products outgrow their specialty insurance status.

Acquisition of CORE, INC., a leading provider of employee absence management and disability reinsurance management services.

2000
Acquisition of American Memorial Life Insurance Company (now part of Assurant Preneed) expands the company's market share and management expertise in the preneed funeral insurance market.

 

1999
American Bankers Insurance Group in Miami, Florida, one of the two leading U.S. credit-related insurers, is acquired. American Bankers is combined with American Security Group to form Assurant Group (now
Assurant Solutions).

 

1998
Acquisition of Insureco Inc., a mortgage market managing general agency and service provider, strengthening American Security Group (now Assurant Solutions).

 

Pierce National Life Insurance, a U.S. funeral insurance company, is acquired strengthening Assurant Preneed.

John Alden Financial Corporation, an independent provider of group health insurance and health-care services, is acquired, making Assurant Health the leading independent carrier in the small group health-care market.

1992
Time Insurance Company (now Assurant Health) celebrates its 100th birthday.

 

1991
Acquisition of Mutual Benefit Life Group division (now
Assurant Employee Benefits).

AMEV Holdings is renamed Fortis, Inc. (now Assurant)

1990
AMEV/VSB of the Netherlands and AG, Belgium’s biggest insurer, join forces in the first cross-border European merger in the financial sector, creating Fortis. Fortis is a Latin word meaning "strong, steadfast and determined."

 

1984
Acquisition of Western Life, creating Fortis Financial Group.

 

1980
Acqusition of Interfinancial, composed of American Security Group (now Assurant Solutions) and United Family Life (now Assurant Preneed).

 

1977
N.V. AMEV of the Netherlands makes its first acquisition in the U.S., Time Insurance Company (now Assurant Health), via the U.S. holding company AMEV Holdings, Inc.

 

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