Assurant Solutions and Service Corporation International Renew Partnership to Provide Preneed Insurance

By Business Wire,  June 25, 2014, 04:15:00 PM EDT


ATLANTA--(BUSINESS WIRE)-- Assurant Solutions, a leading global provider of extended service contracts, today announces the renewal of its exclusive distribution partnership with Service Corporation International ( SCI ), North America's leading provider of funeral, cremation and cemetery services. The new 10-year agreement runs until 2024.

Through the partnership, Assurant Solutions will continue to offer customers through SCI's network of more than 1,600 funeral homes several ways to fund expenses in advance of need.

"We've built a mutually successful relationship with SCI through the years, and we look forward to continuing to partner with them to provide individuals and their families with the peace of mind that comes with preneed insurance," said Tammy Schultz, president of Assurant Solutions' preneed business.

"Offering people the ability to plan and pre-pay for their funeral expenses is important for our customers and allows them to protect loved ones from additional financial burdens during a time of grief," said Steve Tidwell, senior vice president of sales for SCI. "That's why it's important for us to continue to partner with a trusted provider like Assurant Solutions. They understand our business and are instrumental in helping us grow our company."

About Assurant Solutions

Assurant Solutions businesses develop, underwrite, market and administer specialty insurance including mobile device protection, extended service contracts and other risk management solutions through collaborative relationships with mobile carriers, electronic goods and household appliance manufacturers, retailers, leading financial institutions, automobile dealers, funeral homes and other entities. Assurant Solutions serves customers and clients in Europe, North America, the Caribbean, Latin America and Asia. With operations in 25 locations worldwide, the Assurant Solutions executive offices are based in Atlanta, in the United States. www.assurantsolutions.com Follow us on Twitter @AssurantMatters.

Assurant is a premier provider of specialized insurance products and related services in North America, Latin America, Europe and other select worldwide markets. The four key businesses -- Assurant Solutions, Assurant Specialty Property, Assurant Health and Assurant Employee Benefits -- partner with clients who are leaders in their industries and build leadership positions in a number of specialty insurance market segments.

Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $30 billion in assets and $9 billion in annual revenue. Assurant has approximately 16,600 employees worldwide and is headquartered in New York's financial district. www.assurant.com

About Service Corporation International

Service Corporation International (NYSE:SCI), headquartered in Houston, Texas, is North America's leading provider of deathcare products and services. At December 31, 2013, SCI owned and operated 1,644 funeral homes and 514 cemeteries (of which 283 are combination locations) in 43 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. Through its businesses, SCI markets the Dignity Memorial® brand which offers assurance of quality, value, caring service, and exceptional customer satisfaction. For more information about Service Corporation International, please visit SCI's website at www.sci-corp.com. For more information about Dignity Memorial®, please visit www.dignitymemorial.com.

Source: Assurant Solutions



This article appears in: News Headlines

Referenced Stocks: AIZ, SCI


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