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Valued at a market cap of $10.3 billion, Assurant, Inc. (AIZ) provides risk management solutions in the housing and lifestyle markets, protecting where people live and the goods they buy. The Atlanta, Georgia-based company offers a diverse set of specialty, niche-market insurance products in the property, extended device protection, and automotive sectors.
Companies worth more than $10 billion are generally described as “large-cap” stocks, and Assurant fits this criterion perfectly. The company operates in 21 countries and helps businesses manage the risks of property damage, liability, financial loss, theft, and natural disasters with the help of its over 13,000 employees and a wide range of specialty insurance products.
