Assurant Employee Benefits

Assurant Employee Benefits
Type Public
Traded as NYSEAIZ
Industry Insurance
Founded 1910
Headquarters Kansas City, Missouri, USA
Key people John Roberts (President and CEO)
Revenue US$ 1.214 billion (2009)
Employees 1,600 (2010)
Website assurantemployeebenefits.com

Assurant Employee Benefits, a part of Assurant, Inc.(NYSE: AIZ), is a provider of employee benefits insurance products. The company offers a wide range of employer-paid and employee-paid (voluntary) products tailor-made for small to mid-size businesses including disability, life and AD&D, dental and reinsurance management services.[1]

Contents

History

1910, Montana Life Insurance Company was formed in Montana.

1938, Montana Life Insurance Company name changed to Western Life Insurance Company.

1962, Western Life Insurance Company of Montana merged with Western Life Insurance Company in Minnesota.

1975 Western Home Office of Mutual Benefit Life Company, based in Newark, N.J., opened in Kansas City, MO. Mutual Benefit Life offered individual and group business in the western United States.

In October 1991, AMEV of Europe purchased Mutual Benefit Life's Kansas City-based group business division and merged with Western Life Insurance Company.

In January 1992, Western Life Insurance Company name changed to Fortis Benefits Insurance Company.

On December 31, 2001, Fortis, Inc. acquires the Dental Benefits Division of Protective Life Corporation.

On July 15, 2003, Assurant Employee Benefits' WillReturn Council awarded Aron Ralston the first Shining Star of Perseverance award, given annually to an individual or group of individuals making a significant recent contribution toward demonstrating perseverance through adversity.

On February 5, 2004, Assurant, Inc. (AIZ) began trading on the New York Stock Exchange in the first billion-dollar initial public offering of 2004.

On March 1, 2004 the marketing name of the business unit operating in Kansas City changed from Fortis Benefits to Assurant Employee Benefits.

On September 6, 2005 the legal entity name changed from Fortis Benefits Insurance Company to Union Security Insurance Company

In August, 2006 Assurant and Aetna combine dental health provider networks to expand provider access to employees[2]

On March 15, 2009 John Roberts was named CEO[3]

On September 30, 2009 Union Security Insurance Company redomesticated to Kansas

Products

Awards and recognition

January 2009 - KC ASTD Recognizes Assurant Employee Benefits Best Practices in Training & Development[4]

March 2009 - Named one of the Best Companies to Work for in Kansas City by Ingram's[5]

March 2011 - Named one of Kansas City's Healthiest Employers by Kansas City Business Journal[6]

References

External links