Media room
October 28, 2009
Assurant Employee Benefits executives to address international regulator interns participating in NAIC program
Three Assurant Employee Benefits executives will address a group of regulator interns from across the globe in Kansas City today in conjunction with the International Internship Program for Education and Regulatory Cooperation of the National Association of Insurance Commissioners (NAIC).
Miles Yakre, senior vice president and chief financial officer; Ken Bowen, vice president and general counsel, and Todd Holmes, assistant vice president and auditor, will focus their discussions on insurance regulation in the United States. Specific topics to be addressed include how insurance companies are structured and operate, asset management, financial guidelines, product development, the regulatory process, compliance and internal controls.
The intern regulators who will attend the presentations are taking part in the Fall 2009 session of the internship program, developed by the NAIC to advance working relationships with foreign markets, emphasizing the exchange of regulatory techniques and technology. The participating regulators represent Azerbaijan, China, Egypt, Saudi Arabia, Thailand and Zambia. Following a five-day orientation session at the NAIC’s Central Office in Kansas City, each will spend six weeks in a host state working in technical areas of their specialization under the supervision of a state insurance department staff member.
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About Assurant Employee Benefits
Assurant Employee Benefits specializes in quality employee benefits and services, including long-term and short-term disability, life and accidental death and dismemberment insurance, dental coverage, and disability reinsurance management services. Assurant Employee Benefits also offers voluntary (employee-paid) disability, life and dental plans. Products and services marketed by Assurant Employee Benefits are underwritten or provided by Union Security Insurance Company or an affiliated prepaid dental company. In New York, products are marketed by Assurant Employee Benefits and underwritten by Union Security Life Insurance Company of New York, which is licensed in New York and has its principal place of business in Syracuse, New York. Plans contain limitations and exclusions. Underwriting flexibility allows Assurant Employee Benefits to market tailor-made benefit plans for groups of most any size. Assurant Employee Benefits is located in Kansas City, Mo. (www.assurantemployeebenefits.com)
Assurant Employee Benefits is part of Assurant, which offers 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 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 approximately 14,000 employees worldwide and is headquartered in New York’s financial district. (www.assurant.com)
Media contact:
Jacquie Hill, Public
Relations Specialist
Assurant Employee Benefits
2323 Grand Blvd.
Kansas City, MO 64108
Ph: 816.881.8968
jacquie.hill@assurant.com
