NEW YORK, June 28, 2007—Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announced today that John B. Owen, president and chief executive officer, Assurant Specialty Property, has accepted a position as senior executive vice president, operations, technology, corporate real estate and procurement with Regions Financial Corporation (NYSE: RF) near his home in Birmingham, Ala. He will resign from Assurant effective July 13, 2007.
"We are grateful for the many contributions John has made to our organization," said Robert B. Pollock, Assurant's president and chief executive officer. "We will miss his leadership but completely support his decision to work closer to his home and family. We wish him all the best in his new career."
Assurant expects to name a successor for Mr. Owen in the near future.
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.
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John Egan
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