The Assurant Group celebrated the opening of its new $20 million service center in Springfield with style on Saturday, holding an open house for employees and their families, featuring a visit from Ohio Governor Bob Taft.
The Center, which began operations after the 4th of July weekend, will eventually enable the company to expand its Springfield work force from 430 to nearly 1,200 over the next two to three years.
“The Ohio Service Center provides hazard and flood insurance tracking and escrow disbursement services for a portfolio of about 6.8 million residential mortgages. It annually processes more than 12 million pieces of mail, handles about 480,000 telephone calls and makes more than $3 billion in insurance premium payments from borrower escrow accounts,” said the company’s announcement.
Gov. Taft, Congressman David Hobson, R., Springfield, Springfield Mayor Warren Copeland and Ohio Insurance Department Director Lee Covington joined Assurant’s president Bruce Camacho at a ceremony formally marking the opening of the Center’s new 26-acre campus.
Assurant was formed in 1999 by the Belgian-Dutch Fortis Group, following its acquisition of American Bankers Insurance Group which it merged with its U.S. subsidiary American Security Group. The company specializes in consumer financing products marketed through financial institutions.
Topics Ohio
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