10/25/2013 3:11:59 PM
Assurant completes £107m acquisition of Lifestyle Services Group
Assurant has completed its purchase of Phones 4u’s mobile phone insurance arm Lifestyle Services Group for £107m.
The insurance giant, which operates across North America, Latin America and Europe, said the acquisition will give Assurant a greater foothold in the European mobile insurance market
Robert Pollock, president and CEO of Assurant said: ‘We look forward to moving ahead with the efficient integration of Lifestyle Services Group into Assurant so that we can accelerate our opportunities and service capabilities in the European mobile marketplace.’