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Asurion

Private Insurance Telecommunications 10,000 - 25,000 Employees

Major telecommunications and technology firms have partnered with Asurion for over a decade and more choose us every day. With over 25 long-term partners and over 14 million customers, Asurion is helping drive our industries toward a more profitable and customer-focused future.

Asurion brings new value and peace of mind to many of the world’s largest wireless carriers, system integrators, OEMs and their customers. Asurion provides enhanced services to more than 20 million wireless subscribers. Products include handset and data device insurance programs, roadside assistance services, warranty management plans, equipment management solutions and a variety of customized products.

Our services maximize revenue, support customer retention and improve the bottom line for our partners. Our programs are designed with the client and customer in mind, optimizing revenue for the client and providing “peace of mind” and value for consumers and enterprises.

Career Opportunities

Asurion Merger Complete

DST Systems, Inc. Subsidiary lock/line Merges With Asurion Following DOJ and Regulatory Approvals

Nashville, Tenn. (Jan. 3, 2006) –Asurion announced today that its merger with lock\line, a subsidiary of DST Systems, Inc., has received approval from the U.S. Department of Justice and other regulatory clearances. The merger officially closed on January 1, 2006.

The merger agreement, originally announced on October 27, brings together two of the leading U.S. companies that provide specialty insurance and other marketing services for the wireless telecommunications and other technology industries. The company will offer warranty, insurance, roadside assistance and enterprise managed mobility solutions for wireless carriers and their customers. Additional product lines include consumer debt protection programs and insurance/warranty solutions for non-wireless technology and telecommunications firms in the U.S., Canada and Asia.

The newly combined organization will continue as the Asurion Corporation. The combined company has approximately 4,500 employees and projected 2006 revenues in excess of $1 billion.

Kevin Taweel, who co-founded Asurion in 1994, will remain as Chairman of the new company. Bret Comolli will continue in his role as CEO. Chuck Laue, the President of lock\line prior to the merger, will serve as President of North America operations reporting to Bret Comolli.

“The continued success of the company can truly be contributed to all of the employees of our new merged company. It is because of their dedication to service and quality that this was possible,” said Bret Comolli, CEO of Asurion. Our merger has received the necessary approval and it will result in tremendous benefits for our wireless and telecom partners, subscribers, and employees.”

Asurion Corporation is the leading provider of services to the wireless telecommunications and other technology industries. Asurion’s services are designed to provide high value consumer services while also delivering financial and service benefits to its partners. Service offerings include (among others) Roadside Assistance Services, Handset Insurance Services, Warranty Management, Debt Protection, Telephone Equipment Maintenance and Managed Wireless Solutions.

Asurion serves over 45 million subscribers through its relationships with most of the leading wireless carriers in North America and Asia, including Alltel, Cingular, T-Mobile, Sprint Nextel, Verizon and more than 20 other wireless clients. For additional information about Asurion, visit www.asurion.com.

Philosophy

Our philosophy is simple - be passionate about delivering quality services, develop programs that are easy to implement, provide more profit for clients, and partner for the long term. We have a “pay for performance mindset”. We only succeed when our clients do.

Culture

Asurion’s Core Values: The key to creating a truly great organization is an intense focus on the values that guide its people's actions. These are Asurion's Core Values and behaviors we associate with those values. INTEGRITY
  • Demonstrates an uncompromising level of honesty, trust and ethical behavior
  • Holds him/herself accountable
  • Delivers on commitments
  • Does the right thing, the right way, even when no one is watching FUN
  • Shows entrepreneurial spirit
  • Is able to laugh at him/herself and with others
  • Inspires and motivates others to achieve
  • Is energized about being at work every day
  • Wildly celebrates successes - individual, team, client, and personal
  • Encourages and demonstrates flexibility and a healthy balance between work and personal life PLAY TO WIN
  • Exhibits an urgency to achieve results and beat the competition
  • Exercises good judgment and utilizes creative problem solving skills
  • Has an intense personal commitment to the job
  • Exudes confidence in their ability to succeed yet confronts the true reality/obstacles of their current business
  • Listens actively to others COLLABORATION
  • Appropriately prioritizes team goals and individual goals to effectively achieve business objectives
  • Proactively includes other groups/individuals that will be impacted by decision making
  • Embraces diversity and values differences
  • Shares the credit and the blame GROWTH
  • Takes risks and understands the importance of learning from failure
  • Encourages new ideas and values diverse perspectives
  • Embraces change and thrives on it
  • Challenges the status quo
  • Embodies an attitude to learning and growth that is never satisfied and proactively seeks the next challenge CARING
  • Exhibits a sincere dedication to customers by exceeding their expectations
  • Treats colleagues with respect and compassion
  • Betters the lives of our employees, their families and the community

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