Acquiring Company
The Manhattan Life Insurance Company
Acquired Company
Union Security Life Insurance Company of New York
HoustonNew YorkEmployee BenefitsInsuranceInsuranceDescription
The Manhattan Life Insurance Company has acquired Union Security Life Insurance Company of New York from Assurant Inc., expanding its presence in New York. The acquisition is significant as it provides ManhattanLife with a second charter in the state, enhancing its operations. MHL has completed over 100 acquisitions historically, making this transaction part of a broader growth strategy. This move underscores the company's commitment to strengthening its operations and customer service.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Union Security Life Insurance Company of New York?
Union Security Life Insurance Company of New York was acquired by The Manhattan Life Insurance Company, based in Houston. The deal was reported on August 13, 2026. Founded in 1850, MHL is one of the country’s longstanding privately held insurance organizations. Its products span individual life and health insurance, employer group benefits, and annuities. The Manhattan Life Insurance Company is privately held and operates in Employee Benefits.
When did The Manhattan Life Insurance Company acquire Union Security Life Insurance Company of New York?
The Manhattan Life Insurance Company's acquisition of Union Security Life Insurance Company of New York was reported on August 13, 2026. The Manhattan Life Insurance Company has acquired Union Security Life Insurance Company of New York from Assurant Inc., expanding its presence in New York. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Union Security Life Insurance Company of New York do?
Founded in 1971, Union Security offers life insurance, annuities, and accident and health insurance products in New York. The company represents a significant asset for ManhattanLife by providing an additional charter in the state. It is privately held, operating in Insurance, and is based in New York.