Debevoise Advises Assurant in the $1.3 Billion Sale of Its Global Preneed Business to CUNA Mutual Group

9 March 2021

Debevoise & Plimpton LLP is advising Assurant, Inc. (NYSE:AIZ) in the $1.3 billion cash sale of its prearranged funeral insurance and final expense business, Global Preneed, and related legal entities and assets to CUNA Mutual Group. For more information, please see the company’s press release.

Assurant is a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases. CUNA Mutual Group is an insurance, investment and financial services company.

The Debevoise team is led by insurance M&A partner Nicholas Potter and includes insurance partner Thomas Kelly, counsel Robert Fettman and Andrew Jamieson and associates Risa Gordon, Katrina Kaczynski and Paulina Stanfel, finance partner Sunil Savkar, counsel Katarina Molnarova and associate Jonathon Yeung, tax partner Peter Schuur and associates Lillian Aston and Kimberly Lee, benefits partner Meir Katz and associate Spencer Mizerak and intellectual property counsel Judith Church and associate Paisley Piasecki.