Assurant Announces Global Auto Leadership Succession Plan
July 09 2024 - 8:00AM
Business Wire
Global Automotive President Martin Jenns to
Retire at Year’s End
Jeff Strickland Named Successor for Global
Automotive Business
Assurant, Inc. (NYSE: AIZ), a leading global business services
company that supports, protects, and connects major consumer
purchases, announced today that Martin Jenns, EVP and president of
Assurant Global Automotive, plans to retire at year’s end after 15
years with Assurant. Jeff Strickland, SVP, Assurant Dealer Services
& Strategic Accounts, has been named to succeed Jenns at the
time of his retirement.
“On behalf of our management committee, clients, and employees,
I want to thank Martin for his service to Assurant, advancing our
values and culture, and for his unwavering leadership of Global
Automotive,” said Keith Demmings, president & CEO, Assurant.
“Martin has been responsible for driving transformational change
within our automotive business, organically and through
value-creating acquisitions, while continuously delivering
exceptional service to our clients and their customers.”
During his tenure at Assurant, Jenns has held an array of
leadership roles within Assurant’s Global Lifestyle segment. Since
2022, Jenns has led the Global Automotive business, a market leader
in auto protection, contributing to the expansion of its global
client base including auto dealers, original equipment
manufacturers, third-party administrators, commercial equipment and
other affinity partners. Jenns supported the successful integration
of the acquisitions of American Financial & Automotive Services
and EPG Insurance, Inc., and he led Assurant’s acquisition of
Protecta in New Zealand, which further enhanced the company’s
global auto footprint. These accomplishments helped to scale
Assurant’s dealer services and commercial equipment businesses.
Jenns also was instrumental in the development of innovative
solutions, such as Assurant Vehicle Care, a comprehensive suite of
auto protection products, to deliver a more seamless and digital
experience for auto dealers and their customers.
Strickland will begin leading Assurant’s Global Automotive
business at the start of 2025.
“Jeff has proven himself an exceptional business leader and
operator with decades of experience in the automotive industry
across sales, marketing, and digital enablement,” said Demmings.
“Early in his tenure at Assurant, he led the assimilation of field
service teams across three acquisitions, building a one-culture
environment in Global Automotive that aligns with Assurant’s
long-term growth strategy and continues to advance our position as
a market leader of vehicle service contracts, with 55 million
protected vehicles.”
“His strategic skills and relationship-building experience
position him as the ideal leader for this next phase of growth,
bringing dynamic solutions and added value to our clients to expand
our business across the world,” added Demmings.
Strickland is a 25-year industry executive who spent the first
20 years of his career with FCA (FIAT Chrysler Automobiles) working
in both dealer-facing and corporate roles in markets across the
country. During this time, he served as the head of U.S. Dealer
Relations and Retail Strategies and led retail operations for
multiple U.S. Business Centers, before joining Assurant.
Strickland began his tenure at Assurant in 2019 with the mandate
to grow and support the company’s key automotive client
relationships. His career at Assurant has been marked by his
ability to lead and drive key account initiatives to realign the
company’s regional areas, working to further integrate key
acquisitions.
Demmings concluded, “I look forward to working with Martin and
his team to ensure a successful transition and to seeing Jeff drive
further success and growth for our global automotive business in
the years to come.”
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 specialty products.
Martin Jenns bio
Jeff Strickland bio
Learn more at assurant.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240709555218/en/
Media: Stacie Sherer Vice President, Corporate Communications
Phone: 917.420.0980 stacie.sherer@assurant.com
Investor Relations: Rebekah Biondo Deputy CFO Phone:
786.374.7283 rebekah.biondo@assurant.com
Sean Moshier Vice President, Investor Relations Phone:
914.204.2253 sean.moshier@assurant.com
Matt Cafarchio Director, Investor Relations Phone: 484.356.4791
matt.cafarchio@assurant.com
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