Assurant Acquires Lifestyle Services Group

Assurant Solutions, earlier this that it has agreed to acquire mobile phone insurance provider Lifestyle Service Group for $160 million, from previous owner Phones 4u Finance plc.

“Our acquisition of Lifestyle Services Group strengthens and expands our global mobile presence, which is an important strategic priority,” Robert B. Pollock, president and CEO of Assurant, Inc., said as part of the announcement.

“Their established client portfolio, strong customer service capabilities and experienced management team accelerate our opportunities in the European mobile marketplace.”

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