CluenexAssurant AIZ
Assurant scores average on business quality (5.5 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Assurant does
Assurant provides specialty protection products, including mobile device lifecycle solutions and extended service contracts, generating revenue primarily through fee-based services and insurance premiums paid by corporate partners and consumers. The company is leaning further into its connected living and lifestyle protection segments to drive digital engagement and recurring revenue streams across global markets.
- What it does best
Assurant dominates niche lifestyle protection and mobile device trade-in services, supported by a return on equity of 18.0% that outpaces peers like L at 9.0%. This entrenched position relies on deep integrations with major wireless carriers, making partner migration costly and complex.
- The main risk
Valuation presents a steep hurdle, trading at $267.32 against an intrinsic value of $205.32. If growth stalls or fails to justify this hefty premium, investors face severe multiple compression given the lofty market expectations.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin sits at 10.8% with an FCF margin of 12.3%, lagging sector peers like HIG at 17.6%. Margins remain compressed due to high operational costs, indicating limited scale benefits in core segments.
Switching costs form its primary moat, locking in major enterprise clients through deeply embedded operational software and supply chain ties. Its return on equity ranks in the top quartile of its sector at 59th percentile.
Revenue grew 7.9% to reach $13.5B, showing steady acceleration from prior years when growth hovered near 5%. Global lifestyle and mobile housing initiatives continue to anchor this expansion.
Debt-to-equity stands at 0.4x with interest coverage at 12.8x, showing a manageable balance sheet. Free cash flow reached $1.65B, supported by $1.87B in operating cash flow. Financial health is holding steady.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
1 sold $1.2M outside pre-planned sales.
Our sealed record on AIZ
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Assurant scores average on the Cluenex quality check (5.5 of 10), measured against its own industry. Profitability is weak, moat fair, growth steady and financial health fair.
In the last 90 days of SEC Form 4 filings: 1 sold $1.2M outside pre-planned sales.
Nov 3, 2026.
See AIZ today
- Today's verdict on AIZ, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Assurant (AIZ)”, https://cluenex.com/stocks/aiz/, data as of Oct 10, 2026.