Assurant Awarded on the Forbes Best Employers for Diversity 2024 List

Rhea-AI Summary

Assurant (NYSE: AIZ), a leading global business services company, has been named to the Forbes Best Employers for Diversity 2024 list for the fifth year in a row. This accolade, presented by Forbes and Statista Inc., is based on an independent survey of over 170,000 U.S. employees working at companies with at least 1,000 employees. The survey evaluated personal and public recommendations on diversity aspects such as age, gender, ethnicity, disability, and LGBTQIA+. Additionally, the company was assessed on key diversity-related practices. Assurant's CEO, Keith Demmings, emphasized the importance of diversity, equity, and inclusion as essential to the company's values and success.

Positive

• Assurant has been named to the Forbes Best Employers for Diversity 2024 list for the fifth consecutive year.
• The award is based on an independent survey of more than 170,000 U.S. employees, indicating strong credibility.
• The evaluation considered key diversity-related practices such as representation, accountability, and internal initiatives, showcasing Assurant's comprehensive approach to diversity.
• Recognition from Forbes and Statista Inc. adds a reputable endorsement to Assurant's diversity efforts.
• Company leadership, including CEO Keith Demmings, openly emphasizes commitment to diversity, equity, and inclusion.

Negative

• The press release does not provide specific data on how Assurant ranks relative to its competitors in terms of diversity, leaving stakeholders without a clear benchmark.
• The accolade, while prestigious, is based on survey responses which can be subjective and may not fully reflect actual workplace diversity conditions.
• There is no mention of any concrete measures or improvements made by Assurant in the past year, possibly indicating a lack of significant progress or new initiatives.

ATLANTA--(BUSINESS WIRE)-- Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, has been named to the Forbes list of the Best Employers for Diversity 2024 for the fifth consecutive year. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The list was announced in April and can currently be viewed on the Forbes website.

The Best Employers for Diversity 2024 were identified in an independent survey from a vast sample of more than 170,000 U.S.-based employees working for companies employing at least 1,000 people within the U.S. The evaluation was based on three different criteria:

• Personal Recommendations: Employees were asked to give their opinions on a series of statements regarding Age, Gender, Ethnicity, Disability, LGBTQIA+ & General Diversity in their current workplace.
• Public Recommendations: Participants were also given the chance to evaluate other employers in their respective industries that stand out either positively or negatively with regard to diversity.
• KPIs: Extensive research was carried out to evaluate how companies fared across a range of diversity-related best-practices. This included things like Representation, Accountability & Communication, Internal Initiatives, and External Involvement.

"Diversity, equity and inclusion are not only core to our values, but also a key factor for our success," said Keith Demmings, president and CEO, Assurant. "We strive to create diverse, winning teams and a culture where everyone has the opportunity to bring their whole selves to work in an equitable and inclusive environment. Being one of Forbes' Best Employers for Diversity 2024 is a great honor that reflects our ongoing dedication and progress."

About Assurant

Assurant, Inc. (NYSE: AIZ) is a leading global business services company that supports, protects and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and to deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products and other products. Learn more at assurant.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240516253339/en/

Media Contact:

Stacie Sherer

Stacie.Sherer@assurant.com

Source: Assurant, Inc.

FAQ

What recent award did Assurant (AIZ) receive?

Assurant was named to the Forbes Best Employers for Diversity 2024 list.

How many times has Assurant been listed as one of Forbes Best Employers for Diversity?

Assurant has been listed for the fifth consecutive year.

What criteria were used to evaluate Assurant for the Forbes Best Employers for Diversity list?

The evaluation was based on personal and public recommendations on diversity and key diversity-related best practices.

Who conducted the survey for the Forbes Best Employers for Diversity 2024 list?

The survey was conducted by Forbes and Statista Inc.

What aspects of diversity were evaluated in the Forbes survey for Assurant?

Aspects such as age, gender, ethnicity, disability, LGBTQIA+, and general diversity were evaluated.

When was the Forbes Best Employers for Diversity 2024 list announced?

The list was announced in April 2024.