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Assurant Health Teams with USAA to Provide Individual Medical Insurance

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MILWAUKEE - (BUSINESS WIRE) - Assurant Health, a leading national provider of individual medical, small group and specialty health insurance products, has formed a marketing alliance with USAA to be the exclusive provider of individual medical insurance to its more than 7.3 million members over the next four years.

USAA is a leading provider of financial planning, insurance, investments and banking products to members of the U.S. military and their families. Effective November 18, 2009, USAA will refer its members to Assurant Health individual medical insurance products in the 45 states in which Assurant Health does business.

"We are pleased to be teaming with a company that has such an excellent reputation for meeting the financial needs of the men and women in uniform and their families," said Assurant Health President and CEO Don Hamm. "The alliance is a win-win for both companies and we look forward to continuing our relationship with USAA for years to come."

About Assurant Health

Assurant Health has been in business since 1892 and is the brand name for products underwritten and issued by Time Insurance Company, John Alden Life Insurance Company and Union Security Insurance Company. Together, these three underwriting companies provide health insurance coverage to people in 45 states. Each underwriting company is financially responsible for its own insurance products. Primary products include individual medical, small group, short-term and student health insurance products, as well as non-insurance products and consumer-choice products such as Health Savings Accounts and Health Reimbursement Arrangements. With almost 3,000 employees, Assurant Health is headquartered in Milwaukee, Wisconsin, with operations offices in Minnesota, Idaho and Florida, as well as sales offices across the country. The Assurant Health Web site is www.assuranthealth.com.

Assurant Health is part of Assurant, 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 and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has more than $25 billion in assets and $8 billion in annual revenue. Assurant has approximately 15,000 employees and is headquartered in New York's financial district.

Press Contact:
For Assurant Health:
Peter Duckler
312-649-0371
pduckler@hlbcomm.com

Tags: Business wire, Healthcare, wisconsin, Health, Medical, Consulting, Accounting and other Professional Services, Insurance
 
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