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Assurant Closes Sale of Iké Asistencia Investment

Investment in Latin American company sold to focus on core business including extended service contracts

Posted by Craig Randall

May 11, 2020

Assurant, Inc.

Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the closing of the sale of its investment in Iké Asistencia (Iké) and certain of its affiliates. Iké is a services assistance business with operations in Mexico and other countries in Latin America.

Assurant decided to sell its interest in Iké to focus on its core lifestyle offerings in Latin America, centered around helping consumers protect their mobile devices, cars, electronics and appliances.

Following its successful acquisition and integration of The Warranty Group, Assurant decided to sell its interest in Iké to focus on its core lifestyle offerings in Latin America, centered around helping consumers protect their mobile devices, cars, electronics and appliances.

About Assurant

Assurant, Inc. (NYSE: AIZ) is a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases. Anticipating the evolving needs of consumers, Assurant partners with the world’s leading brands to develop innovative products and services and to deliver an enhanced customer experience. A Fortune 500 company with a presence in 21 countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded funeral insurance; renters insurance; lender-placed insurance products; and other specialty products. The Assurant Foundation strengthens communities by supporting charitable partners that help protect where people live and can thrive, connect with local resources, inspire inclusion and prepare leaders of the future.

Read more at Assurant, Inc.

Source: https://www.assurant.com

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