Gene  Mergelmeyer net worth and biography

Gene Mergelmeyer Biography and Net Worth

COO of Assurant
Gene Mergelmeyer is executive vice president, chief operating officer for Assurant, Inc. and a member of the company’s Management Committee. In this role, he oversees Assurant’s, global technology – and other centers of excellence including operations transformation, customer experience, digital, data analytics and artificial intelligence - and also has oversight for large strategic initiatives across Assurant. He is credited with architecting Assurant’s enterprise operating model structure that underscores the company’s commitment to further integration, enhanced agility and a stronger brand across the world. 

Previously, Mr. Mergelmeyer served as president and chief executive officer of Assurant’s Housing business, overseeing its organic growth, the development of its risk management service offerings and expansion into adjacent businesses within the mortgage and multifamily housing industries. Under his leadership, the specialty property business more than doubled its revenue. 

In 2014, Mr. Mergelmeyer, who has more than 30 years of experience in financial services and insurance, was named executive vice president of Assurant. In this capacity, he added responsibility for the company’s technology infrastructure and the Enterprise Transformation Group, which explored new ways to deliver customer service, technology, finance and vendor management services. 

Mr. Mergelmeyer joined Assurant in 1997 when the company acquired Insureco, where he served as chief financial officer. Previously, he held senior management positions at a division of Transamerica and at the public accounting firm Peat Marwick, now KPMG. 

Mr. Mergelmeyer shares Assurant’s commitment to community and has championed the company’s efforts in support of Habitat for Humanity and Junior Achievement of Georgia. He is a longtime supporter of the Orange County United Way, the Children’s Neuroblastoma Cancer Foundation in Bloomingdale, Ill., the Blind Children’s Learning Center in Los Angeles, and Children’s Hospitals of Orange County and Los Angeles. 

He holds a Bachelor of Science in Business Administration from California State University - Long Beach. As announced in September 2021, Gene will retire from Assurant at the end of 2021 after 34 years of service.

What is Gene Mergelmeyer's net worth?

The estimated net worth of Gene Mergelmeyer is at least $18.87 million as of November 24th, 2015. Mr. Mergelmeyer owns 99,899 shares of Assurant stock worth more than $18,871,920 as of March 28th. This net worth evaluation does not reflect any other investments that Mr. Mergelmeyer may own. Learn More about Gene Mergelmeyer's net worth.

How do I contact Gene Mergelmeyer?

The corporate mailing address for Mr. Mergelmeyer and other Assurant executives is 28 LIBERTY STREET 41ST FLOOR, NEW YORK NY, 10005. Assurant can also be reached via phone at (770) 763-1000 and via email at [email protected]. Learn More on Gene Mergelmeyer's contact information.

Has Gene Mergelmeyer been buying or selling shares of Assurant?

Gene Mergelmeyer has not been actively trading shares of Assurant within the last three months. Most recently, Gene Mergelmeyer sold 40,647 shares of the business's stock in a transaction on Monday, May 24th. The shares were sold at an average price of $159.38, for a transaction totalling $6,478,318.86. Learn More on Gene Mergelmeyer's trading history.

Who are Assurant's active insiders?

Assurant's insider roster includes J. Carter, II (Director), Alan Colberg (CEO), Dimitry DiRienzo (CAO), Richard Dziadzio (CFO), Robert Lonergan (EVP), Francesca Luthi (CAO), Gene Mergelmeyer (COO), and Jay Rosenblum (EVP). Learn More on Assurant's active insiders.

Are insiders buying or selling shares of Assurant?

During the last twelve months, insiders at the financial services provider sold shares 7 times. They sold a total of 18,350 shares worth more than $2,619,525.00. The most recent insider tranaction occured on November, 20th when EVP Jay Rosenblum sold 2,000 shares worth more than $324,320.00. Insiders at Assurant own 0.4% of the company. Learn More about insider trades at Assurant.

Information on this page was last updated on 11/20/2023.

Gene Mergelmeyer Insider Trading History at Assurant

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/24/2021Sell40,647$159.38$6,478,318.86View SEC Filing Icon  
8/19/2019Sell15,000$124.24$1,863,600.00View SEC Filing Icon  
8/14/2018Sell14,144$109.41$1,547,495.04View SEC Filing Icon  
11/24/2015Sell10,000$85.28$852,800.0099,899View SEC Filing Icon  
5/14/2014Sell30,000$67.64$2,029,200.00109,391View SEC Filing Icon  
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Gene Mergelmeyer Buying and Selling Activity at Assurant

This chart shows Gene Mergelmeyer's buying and selling at Assurant by year and by quarter.

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Assurant Company Overview

Assurant logo
Assurant, Inc., together with its subsidiaries, provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and related products; and voluntary manufactured housing, and condominium and homeowners insurance products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.
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Today's Range

Now: $188.23
Low: $187.38
High: $189.48

50 Day Range

MA: $176.01
Low: $166.86
High: $188.23

2 Week Range

Now: $188.23
Low: $115.41
High: $189.48

Volume

339,578 shs

Average Volume

368,665 shs

Market Capitalization

$9.78 billion

P/E Ratio

15.71

Dividend Yield

1.57%

Beta

0.5