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Adjusted EPS Expected to Increase Mid Single Digits
Sees adjusted EPS ex. reportable catastrophes, up mid single digits. Adjusted EBITDA, excluding reportable catastrophes, now expected to increase mid single digits.
Assurant Reports Q2 Revenue of $3.45B
Reports Q2 revenue $3.45B, consensus $3.43B. "Assurant delivered another quarter of record earnings, reinforcing our focus on building businesses that generate sustainable growth, create differentiated market positions, and deliver long-term value for shareholders. Our performance extends the momentum we carried into the year and reflects the strength and durability of our business model, including record earnings within Global Lifestyle. We are very well positioned to achieve our 10th consecutive year of profitable growth as we continue to balance earnings expansion with strategic investments that enhance our capabilities, improve customer and client outcomes, and strengthen our market positions," said Assurant President and CEO Keith Demmings.
Assurant Appoints Kelli Ertel as Chief Communications Officer and Chief of Staff
Assurant announced that Kelli Ertel has been appointed Chief Communications Officer and Chief of Staff, effective immediately. In this expanded role, she will join Assurant's Management Committee and lead the company's Communications and Brand functions, helping strengthen how Assurant connects its strategy, culture, and brand with stakeholders, while continuing to serve as Chief of Staff to President and Chief Executive Officer Keith Demmings. "Assurant's ability to connect strategy, culture, brand, and business priorities has never been more important," said Keith Demmings, President and Chief Executive Officer, Assurant. "Kelli has been an invaluable partner to me and our leadership team, helping drive alignment and execution across the organization. Her leadership, judgment, and ability to bring people together make her exceptionally well positioned to lead these efforts."
Assurant Partners with Cogeco to Launch Digital Mobile Device Solution
Assurant announced a strategic collaboration with Cogeco Communications to deliver a digital-first mobile device solution for Canadian customers. The solution includes access to a selection of network-compatible devices available through Assurant's device ecosystem and retail relationships. The experience provides Cogeco mobile customers with exclusive access to a curated selection of filtered inventory showing only network-compatible devices, including new, refurbished, and Best Buy Canada's certified Open Box models.
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