Assurant Group to Build New Operations Center in Canada

October 4, 2002

Assurant Group, a provider of specialty risk management programs for the financial services industry, and the Kingston Economic Development Corporation have announced plans for Assurant to build a new operations center in Kingston, Ontario.

Plans call for the initial construction of a 45,000 square-foot, single-level building that will accommodate about 400 employees. “The facility will include a 252-seat call center, 80 claims associates and related management and support staff,” said the announcement. Construction is scheduled to begin later this month.

A second building, planned to provide facilities for an additional 300 employees on the 14.5-acre building site on Gardiner’s Road is planned for the future.

“The project will enable Assurant to consolidate support operations now located in the Toronto metropolitan area, position the company to better support the growth needs of its Canadian clients and service some U.S.-based accounts. Approximately 150 jobs from two Toronto offices will transfer to Kingston when the new centre opens in early summer 2003,” said the bulletin.

Assurant, a division of the Belgian-Dutch Fortis Group, with U.S. headquarters in Miami and Atlanta, provides creditor insurance and related products, including extended service contracts. Its products and services are offered through banks, credit card companies, retailers, auto dealers and other businesses in the United States and Canada. It also operates companies in Argentina, Brazil, Denmark, Ireland, Puerto Rico and the U.K.

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