NEW YORK, April 15, 2005—Assurant, Inc. (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announced that it has promoted John Egan, 43, to Vice President, Administration, Assurant Asset Management.
Formerly Second Vice President, Administration, Mr. Egan oversees several key areas of Assurant's asset management operations, including Sarbanes-Oxley compliance administration, where he supports the asset management fixed income and strategic analysis departments. In addition, he coordinates investment activities with Assurant's corporate accounting, legal, IT, tax and audit departments. Mr. Egan also serves as the company's liaison with custodian banks, brokers, and external audit managers.
"John is well-respected throughout Assurant for his knowledge and expertise," said Kevin Michels, Senior Vice President, Administration, Assurant Asset Management. "He has been instrumental in developing and maintaining policies and procedures critical to the success of Assurant's asset management activities."
A resident of Rockville Centre, New York, Mr. Egan joined Assurant in 1995 as Manager of Administration. Prior to joining Assurant, he held management positions in accounting at Irving Trust/Bank of New York and Deloitte and Touche. He holds a BS in accounting from Manhattan College and a Master's Degree in Finance from St. John's University.
Assurant is a premier provider of specialized insurance products and related services in North America and selected other markets. The four key businesses -- Assurant Employee Benefits; Assurant Health; Assurant Preneed; and Assurant Solutions -- have partnered with clients who are leaders in their industries and have built leadership positions in a number of specialty insurance market segments in the U.S. and selected international markets.
The company, which is traded on the New York Stock Exchange under the symbol AIZ, has over $20 billion in assets and $7 billion in annual revenue. Assurant has more than 12,000 employees worldwide and is headquartered in New York's financial district. www.assurant.com
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