September 30, 2011
RadioShack Renews Relationship with Assurant Solutions for Product Protection and Repair Service Plans
Atlanta, Sept. 30, 2011 – Assurant Solutions, a global specialty insurance and risk management company, today announced an extension to their long-term, exclusive relationship with RadioShack Corp., offering product protection and repair service plans to RadioShack customers. Terms of the agreement will not be disclosed.
Assurant Solutions will continue to provide product protection and repair service plans to shoppers who purchase consumer electronics at any of RadioShack's 7,300-plus retail locations in the United States and worldwide. Assurant Solutions has provided service protection plans for RadioShack since 1994.
“Assurant Solutions is a recognized leader in the area of product protection and service plans, and we are very pleased to extend our relationship with them through this new agreement,” said Scott E. Young, executive vice president and chief merchandising officer for RadioShack Corp. “At RadioShack, we are committed to providing the best service solutions to address our customer's needs, and Assurant's unique capabilities are an important component in delivering on this promise.”
“We are proud to extend our relationship with RadioShack, an enduring, iconic brand in the retailing landscape,” said Joe Erdeman, president of Assurant Solutions’ extended service contract business. “By providing RadioShack customers with reliable protection and repair services, we can enhance customers’ confidence with every purchase they make from their nearby RadioShack.”
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, funeral homes, manufacturers, wireless carriers and other entities. With operations in 25 locations, 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 also part of Assurant, a premier provider of specialized insurance products and related services in North America and 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 approximately $27 billion in assets and $8 billion in annual revenue. Assurant has approximately 14,000 employees worldwide and is headquartered in New York's financial district. www.assurant.com.
RadioShack (NYSE: RSH) is a leading national retailer of innovative mobile technology products and services, as well as products related to personal and home technology and power supply needs. The Shack® offers consumers a targeted assortment of wireless phones and other electronic products and services from leading national brands, exclusive private brands and major wireless carriers, all within a comfortable and convenient shopping environment. RadioShack employs approximately 33,000 people globally, including a team of friendly and helpful sales experts who are recognized for delivering the best customer service in the wireless industry. RadioShack's retail network includes approximately 4,675 company-operated stores in the United States and Mexico, more than 1,475 wireless phone centers in the United States, and approximately 1,140 dealer outlets worldwide. For more information on RadioShack Corporation, please visit www.radioshackcorporation.com; to purchase items online, please visit www.radioshack.com. RadioShack® and The Shack® are registered trademarks licensed by RadioShack Corporation.
Vice President, Business Communications