NEW YORK, July 20, 2007—Assurant, Inc. ("Assurant") (NYSE: AIZ), announced today that it has appointed John S. Roberts, president Disability RMS and senior vice president, Assurant Employee Benefits, as interim president and chief executive officer, Assurant Employee Benefits. Mr. Roberts, 51, assumes on an interim basis the position held by Michael J. Peninger, who was appointed interim chief financial officer of Assurant, Inc. on July 18. Mr. Roberts' appointment is effective immediately.
"John Roberts is a proven leader with more than 25 years experience in the disability, life and special risk businesses," said J. Kerry Clayton, Assurant's interim president and chief executive officer. "This interim appointment again illustrates the breadth and depth of Assurant's leadership enterprise-wide. John is highly respected not only within Assurant, but also within the insurance industry. We are very pleased he has accepted this interim appointment and have great confidence in his ability to continue Assurant Employee Benefits' focus on disciplined, long-term growth in the small employer market."
Prior to joining Disability RMS and Assurant Employee Benefits in 2003, Mr. Roberts held a variety of top management positions at Unum and UnumProvident Corporation in the areas of group insurance operations and long-term disability products. He also has extensive experience in managing underwriting, claims, product and systems development, and marketing areas. A frequent presenter at the Association of Insurance and Financial Analysts (AIFA) annual conference, Mr. Roberts is a past chairman of the Health Insurance Association of America's (HIAA) Disability Subcommittee. Mr. Roberts earned a bachelor's degree in economics from Bowdoin College. He currently serves on the Westbrook (ME) Economic Development Committee and is treasurer for the Portland (ME) Museum of Art.
Assurant is a premier provider of specialized insurance products and related services in North America and selected international markets. Its four key businesses—Assurant Employee Benefits, Assurant Health, Assurant Solutions and Assurant Specialty Property—have partnered with clients who are leaders in their industries and have built leadership positions in a number of specialty insurance market segments worldwide.
Assurant, a Fortune 500 company, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has more than $20 billion in assets and $7 billion in annual revenue. The Assurant Web site is www.assurant.com.Press Contact:
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