Assurant acquires Protection Point, expanding commercial equipment coverage in Canada

Assurant, Inc. (NYSE: AIZ) said it has acquired Protection Point Service Plans Inc., a Canadian provider and administrator of protection programs for commercial equipment, in a deal announced November 5, 2026. No purchase price was disclosed.

Protection Point, based in British Columbia, offers extended service plans for equipment used in agriculture, construction, material handling and forestry. It already operated exclusively in support of Assurant's Canadian commercial equipment business, with Assurant underwriting its programs. Its services include dealer onboarding, claims intake, enrollment processing and contract administration. Assurant said the deal lets it manage distribution, dealer relationships and licensed insurance capabilities in Canada directly.