ManhattanLife has completed the acquisition of Union Security Life Insurance Company of New York from Assurant.
Founded in 1971, Union Security Life Insurance Company of New York offers life insurance, annuities, and accident and health products in New York.
This will be ManhattanLife's second charter in the state, expanding the company's presence.
"The acquisition of Union Security reinforces ManhattanLife's ongoing growth strategy and demonstrates that we remain an active, trusted participant in the market continuing to make strategic acquisitions, expand our reach, and strengthen the value we deliver to our partners and policyholders,” said Tyler Harris, President of ManhattanLife.