Assurant, Inc. ("Assurant") (NYSE:<br />AIZ), a premier provider of specialized insurance and insurance-related<br />products and services, today announced that Michael J. Peninger, interim chief<br />financial officer, will become executive vice president and chief financial<br />officer. He will succeed P. Bruce Camacho. Assurant's Board of Directors has<br />agreed to Mr. Camacho's request to resign as chief financial officer in order<br />to pursue other opportunities. Both changes will take effect on March 15. Mr.<br />Camacho has also agreed to assist Assurant as a consultant for a 12-month<br />transition period starting March 16.<br /><br />Mr. Peninger has served as Assurant's interim CFO since July 18, 2007.<br />Previously, he had been president and chief executive officer of Assurant<br />Employee Benefits, beginning in January 1999.<br /><br />"Mike has demonstrated that he can operate effectively both in leading a<br />business line as well as serving in corporate staff positions during his<br />23-year career at Assurant. Mike has had broad exposure to our specialty<br />insurance businesses which, combined with his financial expertise, makes him<br />the ideal candidate to lead Assurant's financial operations," said Robert B.<br />Pollock, president and chief executive officer.<br /><br />Assurant also named John S. Roberts president and chief executive officer,<br />Assurant Employee Benefits, effective March 15. Mr. Roberts had assumed these<br />roles on an interim basis when Mr. Peninger was appointed Assurant's interim<br />CFO.<br /><br />"John is a seasoned executive who is highly respected in the employee benefits<br />marketplace. With more than 25 years of experience in the disability, dental,<br />life and special risk businesses, his leadership has earned him the respect of<br />his peers, both at Assurant and industry-wide," continued Mr. Pollock.