136:
252:
As the company attempted to expand with new ventures, customer service was always an issue. So in
February 2017, Asurion launched its Simplr subsidiary to provide customer-service via on demand staffing and machine learning. Through Soluto, Asurion acquired in 2017 Drippler, another tech support app
224:
to acquire the
Houston-based roadside assistance company, Road Rescue. The roadside assistance service was sold through local wireless carriers. Four years later, they purchased Nashville-based Merrimac Group, which was offering specialty insurance to cover cellphones. The company began expanding its
244:
The company’s products, services, and clients have expanded since founding, due in part to acquisitions. On
January 1, 2006, Lock/line merged with Asurion making Lock/line's former parent company, DST Systems Inc., 35 percent shareholder of the combine company. With the acquisition of Lumitrend on
208:, that provides insurance for smartphones, tablets, consumer electronics, appliances, satellite receivers and jewelry. In 2014, the company operated in 14 countries and had 49 offices with 19,000 employees serving 280 million consumers.
260:
In 2018, Asurion borrowed $ 3.75 billion via two leveraged loans, the proceeds of which were to be funneled to the PE firms that acquired the company in 2007. The two loans brought the company's total term loans to $ 11.3 billion.
1012:
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was acquired in 2013. Also in 2006, the company acquired
Warranty Corporation of America (WaCA) then merged in 2008 with National Electronics Warranty (NEW Customer Service Company).
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659:"A junk-rated company just secured billions in loans — and the deal demonstrates just how irrational the credit market is right now"
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May 31, 2006, the company expanded its product portfolio to include CellBackup software. Cloud device management firm
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Innovation Award in 2015 for its support and protection apps that combine live support and instant notifications.
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In 2019, Asurion paid $ 300,000 to a person who claimed to have stolen 1TB of employee and customer information.
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operations globally in 2003, with an expansion into Asia followed by expansions into
520:"Cloud based device management startup, soluto, acquired by device insurer Asurion"
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316:"Mobile Insurance Company Asurion Buys Device Tech Support Startup Drippler"
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company, and merged it with Soluto. In August 2019, Asurion acquired
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684:"These are the worst hacks, cyberattacks, and data breaches of 2019"
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708:"Jerusalem start-up wins top tech prize for robo printer"
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436:"Asurion Australia Invest $ 30m to create 300 jobs"
295:"Exclusive: Asurion lays off hundreds of employees"
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257:, a national phone and electronics repair chain.
408:"Paying Entrepreneurs to Find the Right Business"
1013:Financial services companies established in 1994
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220:graduates Kevin Taweel and Jim Ellis used a
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1023:Privately held companies based in Tennessee
602:"Fast-growing Asurion launches new company"
768:
754:
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1018:Insurance companies of the United States
776:Major corporations headquartered in the
548:"Asurion plans big new Atlanta software"
1038:Companies based in Nashville, Tennessee
285:
492:"Asurion Wraps Up Deal for Lumitrend"
380:"As mobile use climbs, Asurion grows"
310:
308:
7:
1033:Providence Equity Partners companies
630:"Asurion buys national repair chain"
1028:Madison Dearborn Partners companies
356:. December 17, 2010. Archived from
324:. December 19, 2017. Archived from
293:Joel Stinnett (November 15, 2019).
1008:Private equity portfolio companies
464:"Asurion completes Lock\line deal"
233:(2013). The company expanded into
14:
987:Waller Lansden Dortch & Davis
1043:1994 establishments in Tennessee
237:in 2014 with a partnership with
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348:"Asurion to grow in Nashville"
1:
839:Ryman Hospitality Properties
576:"N.E.W. Merges with Asurion"
892:Pinnacle Financial Partners
778:Nashville metropolitan area
66:; 30 years ago
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635:Nashville Business Journal
607:Nashville Business Journal
497:Nashville Business Journal
469:Nashville Business Journal
299:Nashville Business Journal
18:
16:American insurance company
31:
804:Community Health Systems
553:Atlanta Business Journal
19:Not to be confused with
924:Major private companies
799:Brookdale Senior Living
272:The company received a
147:NEW Asurion Corporation
897:Tractor Supply Company
862:Ardent Health Services
202:privately held company
55:Information technology
360:on September 24, 2015
353:The Commercial Appeal
907:NYSE American listed
388:. September 25, 2014
206:Nashville, Tennessee
84:Nashville, Tennessee
946:Envision Healthcare
915:National Healthcare
712:The Times of Israel
556:. December 16, 2011
328:on 22 December 2017
153:Number of employees
28:
682:Osborne, Charlie.
580:Private Equity Hub
528:. October 30, 2013
413:The New York Times
157:19,000 (2014)
995:
994:
961:Ingram Industries
931:Advance Financial
867:Change Healthcare
857:Acadia Healthcare
834:Louisiana-Pacific
794:AllianceBernstein
714:. January 9, 2015
638:. August 26, 2019
472:. January 3, 2006
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966:LifePoint Health
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731:External links
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582:. May 23, 2008
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139:$ 8.5 billion
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390:. Retrieved
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362:. Retrieved
358:the original
351:
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330:. Retrieved
326:the original
319:
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251:
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198:Asurion, LLC
197:
196:
163:Subsidiaries
126:Tech support
79:Headquarters
41:Company type
27:Asurion, LLC
786:NYSE listed
332:19 December
268:Recognition
229:(2008) and
222:search fund
96:Area served
1002:Categories
693:2020-12-24
668:2020-02-07
525:Techcrunch
280:References
255:uBreakiFix
174:uBreakiFix
108:Key people
980:Law firms
956:HireRight
809:CoreCivic
642:27 August
321:Calcalist
231:Australia
216:In 1995,
204:based in
124:Insurance
101:Worldwide
814:Delek US
218:Stanford
187:.asurion
121:Services
51:Industry
21:Assurant
936:Asurion
824:Genesco
718:6 April
586:6 April
560:6 April
532:6 April
504:6 April
476:6 April
448:6 April
420:6 April
392:6 April
364:24 June
212:History
180:Website
131:Revenue
69: (
61:Founded
45:Private
614:2 July
247:Soluto
227:Europe
171:Simplr
168:Soluto
688:ZDNet
441:ZDNet
200:is a
144:Owner
720:2015
644:2019
616:2018
588:2015
562:2015
534:2015
506:2015
478:2015
450:2015
422:2015
394:2015
366:2014
334:2017
189:.com
89:U.S.
71:1994
64:1994
274:CES
185:www
114:CEO
1004::
710:.
686:.
661:.
632:.
604:.
578:.
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307:^
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23:.
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