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Assurant acquires Protection Point to expand commercial equipment cover in Canada

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Assurant has acquired Protection Point Service Plans Inc., a British Columbia-based provider and administrator of protection programs for commercial equipment. This acquisition expands Assurant's commercial equipment business in Canada, giving it direct control over distribution and dealer relationships, and complementing its existing US operations. Protection Point, which previously worked exclusively with Assurant, specializes in extended service plans for agriculture, construction, material handling, and forestry equipment.

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Source: Alpha VantageRead at Insurance Business

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