Assurant Purchases CWI Group
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Assurant Solutions has made a binding offer and has been granted exclusivity to acquire
According to a release from the Company, the acquisition would strengthen Assurant Solutions' capabilities in mobile device protection and expand its distribution into independent retailers and the financial services affinity market in
"European companies and consumers continue to lead the way in digital innovation. By leveraging our leadership position in the
Headquartered in
"Assurant Solutions' financial strength and deep expertise in protection programs and services will enhance our growth opportunities," said Naquet. "Through our combined capabilities, we will strengthen our ability to deliver outstanding customer service and help protect the things that matter most to consumers."
The proposed transaction is expected to close in the fourth quarter 2014.
Assurant Solutions businesses develop, underwrite, market and administer specialty insurance.
More information and complete details:
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