Sun Life completes acquisition of Assurant’s KC operations

Sun Life Financial Inc. completed its $940 million acquisition of the employee benefits business of Assurant Inc., creating the sixth-largest group benefits business in the United States.

The acquired portion of the Assurant business, which is based in Kansas City, includes 1,700 employees nationwide serving more than 30,000 customers.

Combined, the Sun Life operation becomes a $4 billion business with about 3,700 employees and more than 60,000 customers.

Read more: Kansas City Business Journal


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