Assurant Partners with Dutch Mobile Operator for Device Protection
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 16 2026
0mins
Should l Buy AIZ?
Source: NASDAQ.COM
- Partnership Announcement: Assurant has formed a new partnership with hollandsnieuwe, a Dutch online mobile operator, to provide mobile device protection, introducing two insurance options: Standard Protection for accidental damage and Premium Protection for accidental damage plus theft and loss.
- Insurance Options: Customers can choose Standard Protection, which covers accidental damage, or Premium Protection, which includes coverage for accidental damage, theft, and loss, thereby enhancing device security for users.
- Market Expansion: Felipe Sanchez, President of Assurant Europe, stated that this partnership deepens the company's presence in the Dutch market and reflects its strategic focus on enabling mobile operators to offer high-quality protection experiences to their customers.
- Stock Market Reaction: In pre-market trading on the NYSE, Assurant shares rose by 1.13% to $221.00, indicating a positive market response to the partnership announcement.
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Analyst Views on AIZ
Wall Street analysts forecast AIZ stock price to rise
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 233.800
Low
248.00
Averages
255.25
High
264.00
Current: 233.800
Low
248.00
Averages
255.25
High
264.00
About AIZ
Assurant, Inc. is a global protection company that partners with various brands to safeguard and service connected devices, homes and automobiles. It utilizes data-driven technology solutions to provide customer experiences. It operates in North America, Latin America, Europe and Asia Pacific through two operating segments: Global Lifestyle and Global Housing. Global Lifestyle segment provides mobile device solutions, extended service contracts and related services for consumer electronics and appliances and credit and other insurance products (referred to as Connected Living), and vehicle protection services, commercial equipment services and other related services (referred to as Global Automotive). Global Housing segment provides lender-placed homeowners, manufactured housing and flood insurance, as well as voluntary manufactured housing, condominium and homeowners insurance (referred to as Homeowners), and renters insurance and other products (referred to as Renters and Other).
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Record Performance: Assurant achieved its strongest quarterly performance in history during Q1 2026, with adjusted EBITDA growing by 6% and adjusted EPS increasing by 9%, indicating robust growth driven by its Global Lifestyle segment.
- Connected Living Growth: The Connected Living segment saw an 18% increase in earnings, bolstered by deepened relationships with T-Mobile and a total of nearly 69 million devices protected globally, showcasing the company's competitive strength in the device protection market.
- Capital Return Plan: The company expects share repurchases to range between $300 million and $350 million in 2026, reflecting confidence in its valuation and plans to leverage its strong capital position to accelerate buybacks.
- Optimistic Outlook: Assurant raised its growth outlook for the Lifestyle segment to approximately 10%, while also anticipating only modest declines in Global Housing earnings, demonstrating the company's stability and growth potential in the market.
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- Record Performance: Assurant's Q1 2026 GAAP net income reached $274.1 million, an 87% increase year-over-year, primarily driven by reduced reportable catastrophes and higher earnings in Global Lifestyle, showcasing the company's robust performance and profitability in the market.
- Adjusted EBITDA Surge: Adjusted EBITDA rose from $282.2 million in 2025 to $441.5 million, a 56% increase, reflecting strong growth in the Global Lifestyle segment, which further solidifies the company's financial foundation and market position.
- Significant EPS Growth: Adjusted earnings per share increased from $3.39 to $5.95, a 76% rise, enhancing shareholder value and boosting the company's attractiveness in the capital markets.
- Expanded Buyback Program: Assurant plans to repurchase $300 to $350 million in stock in 2026, indicating strong confidence in future growth while reflecting its robust cash flow and capital management capabilities.
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- Earnings Beat: Assurant reported a Q1 non-GAAP EPS of $5.95, exceeding expectations by $0.62, demonstrating the company's robust profitability in the current economic climate.
- Significant Revenue Growth: The company achieved revenues of $3.42 billion, reflecting an 11.4% year-over-year increase and surpassing market expectations by $110 million, indicating sustained growth across its business segments.
- Optimistic Outlook: Assurant anticipates adjusted EBITDA of $1.734 billion for 2025, with adjusted earnings per diluted share projected at $22.81, showcasing the company's confidence in future growth despite reportable catastrophes.
- Positive Stock Reaction: Following the earnings announcement, Assurant's shares rose by 1.52%, indicating investor optimism regarding the company's future performance.
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- Revenue Beat: Assurant reported $3.35 billion in revenue last quarter, a 7.9% year-over-year increase that exceeded analysts' expectations, indicating financial stability despite a narrow EPS beat, suggesting ongoing scrutiny of profitability.
- Stable Market Expectations: This quarter, analysts expect Assurant's revenue to grow by 7.1% year-over-year, aligning with last year's 6.7% growth, reflecting confidence in the company's future performance, especially given strong results from peers.
- Strong Peer Performance: Stewart Information Services and First American Financial reported year-over-year revenue growth of 27.7% and 16.2%, respectively, surpassing estimates and indicating a positive trend in the property and casualty insurance sector, potentially benefiting Assurant.
- Optimistic Investor Sentiment: The property and casualty insurance sector saw an average stock price increase of 3.2% over the past month, with Assurant rising 6.8%, reflecting market optimism ahead of earnings, with an analyst price target of $260 compared to the current price of $232.79, suggesting potential upside.
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- Record Trade-In Value: In 2025, U.S. consumers received over $6.4 billion in value through mobile trade-in programs, marking a 42% year-over-year increase and the highest annual total recorded by Assurant since 2015, reflecting strong consumer interest in new devices and the return of higher-quality models.
- Device Upgrade Trends: In Q4 2025, the average age of traded-in iPhones slightly decreased to 3.76 years, while Android devices surpassed 4 years, indicating that consumers are more deliberate about upgrading during major device launches, thereby sustaining strong trade-in activity.
- 5G Devices Dominate: For the first time on an annual basis, the most commonly traded-in devices were all premium 5G models, including iPhone 13 and 14 variants, highlighting the increasing entry of recent-generation devices into the secondary market and enhancing resale potential.
- Sustainability Impact: Since 2009, Assurant-supported trade-in and upgrade programs have diverted over 39,600 metric tons of electronic waste and avoided 10.3 million metric tons of CO2 emissions, demonstrating the positive role these programs play in promoting a circular economy and reducing e-waste.
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- Partnership Announcement: Assurant has formed a new partnership with hollandsnieuwe, a Dutch online mobile operator, to provide mobile device protection, introducing two insurance options: Standard Protection for accidental damage and Premium Protection for accidental damage plus theft and loss.
- Insurance Options: Customers can choose Standard Protection, which covers accidental damage, or Premium Protection, which includes coverage for accidental damage, theft, and loss, thereby enhancing device security for users.
- Market Expansion: Felipe Sanchez, President of Assurant Europe, stated that this partnership deepens the company's presence in the Dutch market and reflects its strategic focus on enabling mobile operators to offer high-quality protection experiences to their customers.
- Stock Market Reaction: In pre-market trading on the NYSE, Assurant shares rose by 1.13% to $221.00, indicating a positive market response to the partnership announcement.
See More









