Assurant completes £107m acquisition of Lifestyle Services Group

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.’

Written by Mobile Today
Mobile Today

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