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Assurant Solutions Delivers New Protection Plans for PlayStation®


News provided by

Assurant Solutions

Sep 20, 2010, 09:31 ET

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ATLANTA, Sept. 20 /PRNewswire/ -- Assurant Solutions, a leading global provider of extended service plans and part of Assurant, Inc. (NYSE: AIZ), a premier provider of specialized insurance products and related services, today announced that it is underwriting and managing risk and compliance for the PlayStation® Protection Plan offered by Sony Computer Entertainment America LLC (SCEA). The extended service program gives owners of the PlayStation®3 (PS3™) and PSP® (PlayStation®Portable) systems the option to purchase one or two years of additional coverage beyond the one-year manufacturer's warranty.

Under the new partnership, SCEA is responsible for marketing, sales and customer service for the extended service plan, while Assurant Solutions provides risk management, legal and compliance services, program and marketing consultation.  As part of Assurant Solutions' flexible modular approach, SCEA was able to choose from Assurant's fully integrated service contract capabilities those resources and capabilities they did not have in-house.

"Our extensive knowledge and expertise in the service contract market provided us with the opportunity to assist SCEA in fulfilling a customer's need for protection after the manufacturer's warranty has expired," said Joe Erdeman, president, Extended Protection Solutions for Assurant Solutions.  "We appreciate the opportunity to help enhance the PlayStation brand and expand our business in the world of entertainment consoles."

PS3 and PSP owners in the United States can purchase an extended protection plan through customer service centers and PlayStation®Network.  PSP owners also can choose the Accidental Damage Plan, which covers a cracked screen if the system is accidentally dropped.

Assurant Solutions provides extended service contracts through more than 9,000 retail stores in the U.S.  It currently has more than 56 million active contracts covering a wide range of products, including home appliances, consumer electronics, motor vehicles, furniture, jewelry, lawn and garden equipment, personal computers and wireless and mobile devices.

About Assurant Solutions

Assurant Solutions businesses develop, underwrite, market and administer specialty insurance, extended service contracts and other risk management solutions through collaborative relationships with leading financial institutions, retailers, automobile dealers, manufacturers, funeral homes, utilities and other entities. With operations in 26 cities, including executive offices in Atlanta, Ga., Assurant Solutions serves clients and their customers in 12 countries throughout North America, the Caribbean, Latin America, Europe and Asia. www.assurantsolutions.com

Assurant Solutions is part of Assurant, a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has over $26 billion in assets and $8 billion in annual revenue. www.assurant.com

"PlayStation," "PS3" and "PSP" are registered trademarks of Sony Computer Entertainment Inc. All other trademarks are property of their respective owners.

SOURCE Assurant Solutions

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