Assurant Employee Benefits (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.
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
On March 15, 2009 John Roberts was named CEO
Products
- Group Dental
- Group Disability
- Group Life
- Voluntary Benefits
Awards and Recognition
January 2009 - KC ASTD Recognizes Assurant Employee Benefits Best Practices in Training & Development
March 2009 - Named one of the Best Companies to Work for in Kansas City by Ingram's
References
- ^ Coverage from Hoovers
- ^ Bnet article
- ^ Kansas City Biz Journal
- ^ KC ASTD
- ^ Ingrams Magazine, March 2009
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Fortis Benefits Insurance Company
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