Assurant: CEO History

Colberg joined Assurant in 2011 as executive vice president of marketing and business development after 22 years at Bain and Company, became president in 2014 and chief executive effective January 1, 2015. He announced the exit from health insurance on June 10, 2015 and agreed on September 9, 2015 to sell the employee benefits business to Sun Life for $940 million, closing in March 2016. He then redeployed that capital into the $2.5 billion purchase of The Warranty Group, which closed on May 31, 2018, and the roughly $325 million purchase of HYLA Mobile, which closed on December 1, 2020. He also agreed the $1.35 billion sale of Global Preneed to CUNA Mutual Group in March 2021 before retiring at the end of that year after seven years as chief executive.

Pollock joined the company in 1981 as a staff actuary when it was part of Fortis, became chief financial officer in 1999 and president and chief operating officer before being appointed chief executive effective March 17, 2006. He rang the closing bell at the New York Stock Exchange in April 2012 for the 120th anniversary of the La Crosse Mutual Aid Association. His tenure also covered the March 2013 New York consent order on force-placed insurance and the first losses in the individual major medical book. He announced in May 2014 that he would retire as an officer and director at the end of 2014 after a 33-year career with the company.

Clayton was chief executive when the US arm of Fortis listed on the New York Stock Exchange on February 5, 2004 in a $1.76 billion offering and took the Assurant name. In the February 2006 fourth-quarter release he framed the first two post-IPO years around growth in net operating income. He retired on March 17, 2006 and was succeeded by president and chief operating officer Robert B. Pollock, who joined the board the same day.