With a market cap of $12.7 billion, Assurant, Inc. (AIZ) is a global provider of protection services for connected devices, homes, and automobiles, operating across North America, Latin America, Europe, and Asia Pacific. It offers mobile device and vehicle protection solutions, extended service contracts, and specialty housing insurance products, serving both consumers and businesses through its Global Lifestyle and Global Housing segments.
Shares of the Atlanta, Georgia-based company have slightly outperformed the broader market over the past 52 weeks. AIZ stock has soared 30.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 29.6%. However, shares of the company are up 6.3% on a YTD basis, lagging behind SPX’s 9.8% gain.