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Assurant Executive Compensation (FY25)

AIZ · Executive and director compensation, fiscal 2022 to 2025

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Data as of September 19, 2026Latest filing (8-K): May 22, 2026
15 filings cited on this page
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Assurant brief$1,500Get the executive brief
263 figures on this page: 252 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Keith Demmings
Median of the other named officers
$4,117,209
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Keith Demmings: $13,777,291 → $15,221,983 (10.5% higher)
CEO pay ratio: 258:1 → 268:1 (3.9% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Assurant's chief executive and what were they paid?
Keith Demmings, President and Chief Executive Officer, received $15,221,983 in total compensation for fiscal 2025. Demmings' total moved 10.5% higher from the $13,777,291 reported for fiscal 2024.
What was Assurant's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 97.1% of votes cast including abstentions in favor at the meeting held May 21, 2026.
Which companies are in Assurant's peer group?
The disclosed peer group includes Ally Financial Inc., American Financial Group, Inc., Arch Capital Group, Ltd., Brown & Brown, Inc. and CNA Financial Corporation, among others.
What is Assurant's chief executive pay ratio?
The company reported a chief executive pay ratio of 268:1 for fiscal 2025, against median employee compensation of $56,767.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Keith Demmings
President and Chief Executive Officer
◇—◇—◇—◇◇
Richard Dziadzio
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Keith Meier
Executive Vice President and President, Global Housing
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Keith Demmings
President and Chief Executive Officer
◇—◇—◇—◇◇
Richard Dziadzio
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Keith Meier
Executive Vice President and President, Global Housing
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Keith W. Demmings
President, Chief Executive Officer and Director
◇—◇—◇—◇◇
Keith R. Meier
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Francesca L. Luthi
Executive Vice President, Chief Operating Officer
◇—◇—◇—◇◇
Biju Nair
Executive Vice President and President, Global Connected Living
◇—◇—◇—◇◇
Michael P. Campbell
Executive Vice President and President, Global Housing
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Keith Demmings
President and Chief Executive Officer
◇—◇—◇—◇◇
Keith Meier
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Francesca Luthi
Former Executive Vice President, Chief Operating Officer
Departed during or after this year
◇—◇—◇—◇◇
Michael Campbell
Executive Vice President, Chief Operating Officer
◇—◇—◇—◇◇
Biju Nair
Executive Vice President and President, Global Connected Living
◇—◇—◇—◇◇
Robert Lonergan
Executive Vice President, Chief Strategy and Transformation Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Biju NairRSU◇——◇——◇
Francesca L. LuthiRSU◇——◇——◇
Keith R. MeierRSU◇——◇——◇
Keith W. DemmingsRSU◇——◇——◇
Michael P. CampbellRSU◇——◇——◇
Robert A. LonerganRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Francesca LuthiRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Robert LonerganRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Michael CampbellRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Keith MeierRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Keith DemmingsRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Biju NairRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Elaine D. Rosen
Board chair
◇◇———◇◇
Kevin M. Warren
◇◇———◇◇
Lawrence V. Jackson
◇————◇◇
Paul J. Reilly
◇◇———◇◇
Debra J. Perry
◇◇———◇◇
Harriet Edelman
◇◇———◇◇
Sari Granat
◇◇———◇◇
Rajiv Basu
◇◇———◇◇
J. Braxton Carter
◇◇———◇◇
Ognjen (Ogi) Redzic
◇◇———◇◇
Paget L. Alves
◇————◇◇
Keith W. Demmings and Lynn S. Blake served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Ally Financial Inc. ALLY
  • American Financial Group, Inc. AFG
  • Arch Capital Group, Ltd. ACGL
  • Brown & Brown, Inc. BRO
  • CNA Financial Corporation CNA
  • Fidelity National Financial, Inc. FNF
  • First American Financial Corporation FAF
  • Franklin Resources, Inc. BEN
  • Markel Group Inc. MKL
  • Northern Trust Corporation NTRS
  • Old Republic International Corporation ORI
  • OneMain Holdings, Inc. OMF
  • Principal Financial Group, Inc. PFG
  • The Hanover Insurance Group, Inc. THG
  • The Hartford Financial Services Group, Inc. HIG
  • Voya Financial, Inc. VOYA
  • W. R. Berkley Corporation WRB
  • Willis Towers Watson Public Limited Company WTW

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 21, 2025=◇◇◇
2023May 23, 2024=◇◇◇
2022May 11, 2023=◇◇◇
2021May 12, 2022=◇◇◇
2020May 13, 2021=◇◇◇
2019May 7, 2020=◇◇◇
2018May 7, 2019=◇◇◇
2017May 10, 2018=◇◇◇
2016May 11, 2017=◇◇◇
2015May 12, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Assurant disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Assurant sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
263 figures on this page: 252 cited to the filing that reported them, 11 calculated from figures it prints.
252 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001267238-26-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001267238-26-000018
    CEO Pay Ratio · DIRECTOR COMPENSATION · DIRECTOR COMPENSATION TABLE FOR FISCAL YEAR 2025 · Grants of Plan-Based Awards · and 2 more sections
  3. 0001267238-25-000032
  4. 0001267238-25-000018
    SUMMARY COMPENSATION TABLE
  5. 0001267238-24-000029
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001267238-24-000019
    SUMMARY COMPENSATION TABLE
  7. 0001267238-23-000032
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001267238-23-000020
    Summary Compensation Table
  9. 0001267238-22-000022
  10. 0001267238-21-000021
  11. 0001267238-20-000021
  12. 0001193125-19-140393
  13. 0001193125-18-159235
  14. 0001193125-17-168584
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-16-591955
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
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Velarion, “Assurant executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/AIZ (accessed 2026).
Short form: data: Velarion

The Assurant brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Assurant discloses

The companies named in AIZ's own disclosed peer group.

Ally Financial Inc.American Financial Group, Inc.Arch Capital Group, Ltd.Brown & Brown, Inc.CNA Financial CorporationFidelity National Financial, Inc.First American Financial CorporationFranklin Resources, Inc.Markel Group Inc.Northern Trust CorporationOld Republic International CorporationOneMain Holdings, Inc.Principal Financial Group, Inc.The Hanover Insurance Group, Inc.The Hartford Financial Services Group, Inc.Voya Financial, Inc.W. R. Berkley CorporationWillis Towers Watson Public Limited Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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