Assurant EE Benefits Being Bought by SunLife

Email I received today. This is very good news for those of us who do group insurance, because the group segment was profitable and so were the IFP ancillary lines, whereas the IFP medical brought the whole sebang into a huge loss for Assurant last year.
[INDENT]Exciting Message for Our Broker Community:

We are excited to share the news that late yesterday, we announced that Sun Life Financial will purchase Assurant Employee Benefits. This transaction is expected to close by the end of first quarter 2016, pending regulatory approval, at which time our business and employees of Employe
Content of insurance-forums.net

Comments