Assurant CEO Sees Growth in Consumer Offsetting Headwinds

The video discusses a company's strategic shift from employee benefits to focusing on large consumer purchases, such as electronics and vehicles. It addresses challenges like declining investment income and the impact of housing market trends on lender-placed insurance. The mobile phone insurance business is highlighted as a growth area, despite challenges like rapid technological changes. The partnership with Wells Fargo is reviewed, and the potential effects of rising interest rates on the business are considered.

What challenges does the mobile phone insurance business face?

Evaluate responses using AI:

OFF

What is the company's strategy to adapt to changes in the mobile phone market?

Evaluate responses using AI:

OFF

How has consumer behavior regarding phone ownership changed in recent years?

Evaluate responses using AI:

OFF