Alan Colberg - Assurant President, Chief Executive Officer, Director

AIZ Stock  USD 226.15  0.93  0.41%   

CEO

Mr. Alan B. Colberg is President, Chief Executive Officer, Director of Assurant, Inc. Mr. Colberg is President and Chief Executive Officer of Assurant, Inc. He was named the Companys President, effective September 2014, and became Chief Executive Officer and director on January 1, 2015 since 2021.
Age 58
Tenure 3 years
Address 260 Interstate North Circle SE, Atlanta, GA, United States, 30339-2210
Phone770 763 1000
Webhttps://www.assurant.com
Colberg joined Assurant as Executive Vice President of Marketing and Business Development in March 2011. Before joining Assurant, Mr. Colberg worked for Bain & Company, Inc. for 22 years, founding and heading Bain’s Atlanta office since 2000.

Assurant Management Efficiency

The company has Return on Asset of 0.0187 % which means that on every $100 spent on assets, it made $0.0187 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1522 %, implying that it generated $0.1522 on every 100 dollars invested. Assurant's management efficiency ratios could be used to measure how well Assurant manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Assurant's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.02 in 2024, whereas Return On Capital Employed is likely to drop 0.02 in 2024. At this time, Assurant's Other Assets are fairly stable compared to the past year. Intangible Assets is likely to rise to about 725.2 M in 2024, whereas Total Assets are likely to drop slightly above 32.7 B in 2024.
Assurant has 2.08 B in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Assurant has a current ratio of 0.43, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Assurant to invest in growth at high rates of return.

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Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York. Assurant operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 15600 people. Assurant (AIZ) is traded on New York Stock Exchange in USA. It is located in 260 Interstate North Circle SE, Atlanta, GA, United States, 30339-2210 and employs 13,600 people. Assurant is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

Assurant Leadership Team

Elected by the shareholders, the Assurant's board of directors comprises two types of representatives: Assurant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Assurant. The board's role is to monitor Assurant's management team and ensure that shareholders' interests are well served. Assurant's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Assurant's outside directors are responsible for providing unbiased perspectives on the board's policies.
Manny Becerra, Chief Innovation Officer
John Pawloski, VP Officer
Robert Stein, Independent Director
Keith Meier, Chief Operating Officer, Executive Vice President
JeanPaul Montupet, Independent Director
Dimitry DiRienzo, Senior Vice President Chief Accounting Officer, Controller
Biju Nair, President - Global Connected Living Business
Keith Demmings, Executive Vice President and Presidentident - Global Lifestyle
Federico Bunge, President - Assurant Latin America
R Conner, Senior Risk
Lawrence Jackson, Independent Director
Mariana Wisk, Senior Vice President, Corporate Secretary
Vadim Lipovetsky, Chief Investment Officer
Elaine Rosen, Independent Non-Executive Chairman of the Board and Presidentiding Director
Gene Mergelmeyer, Chief Admin. Officer, Executive VP, CEO of Assurant Specialty Property and President of Assurant Specialty Property
Claude Sarfo, Chief Europe
Stacie Sherer, Vice Communications
Debra Perry, Independent Director
Deborah Cornwell, Senior Vice President - Customer Experience
Tammy Schultz, Executive Vice President and Presidentident - Global Preneed
Suzanne Shepherd, IR Contact Officer
Subhashish Sengupta, Chief Officer
Alecia Bailey, Equity Diversity
Paget Alves, Independent Director
Juan Cento, Independent Director
Richard Dziadzio, Chief Financial Officer, Executive Vice President
Harriet Edelman, Independent Director
Jay Rosenblum, Senior Vice President - Government Relations and Regulatory Affairs
Robyn Stonehill, Chief Human Resource Officer, Executive Vice President
Braxton Carter, Director
Michael Campbell, Executive Vice President and Presidentident - Global Housing
Ognjen Redzic, Independent Director
Alan Colberg, President, Chief Executive Officer, Director
Sanida Bratt, Senior Vice President - Emerging Solutions
Joseph III, Senior Officer
Francesca Luthi, Executive Vice President, Chief Administrative Officer
Paul Cosgrove, President - Canadian operations
Manuel Becerra, Executive Officer
Christian Formby, President Europe
Chandra Wilensky, Senior Vice President Talent
J Carter, Independent Director
Paul Reilly, Independent Director
Sean Moshier, Vice Relations
Carey Roberts, Executive Vice President Chief Legal Officer and Corporate Secretary
Robert Lonergan, Executive Vice President and Chief Strategy and Risk Officer

Assurant Stock Performance Indicators

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