Assurant Inc. has chosen insurance sector veteran Jay Rosenblum as its new vice president and chief legal officer as the New York-based risk management company makes tweaks to its organizational structure.
Rosenblum has been interim co-chief legal officer at Assurant since February 2020, when he stepped in for Carey Roberts, who left the CLO role at Assurant to become the executive vice president and general counsel of Ventas, Inc., a healthcare real estate investment company based in Chicago.
“I am honored to serve as the chief legal leader in a global organization that has demonstrated a commitment to doing the right thing for our employees, our consumers and our communities across the world,” Rosenblum said in a company statement.
Assurant, a publicly-traded Fortune 500 company, provides specialty insurance like mobile device lifecycle management and pre-funded funeral services.
“I am pleased to elevate Jay to the top legal role for our company,” said Assurant president and CEO Alan Colberg in the statement. “In a very short period of time, he has proved himself to be an invaluable strategic and legal resource to our business across the world.”
Rosenblum joined Assurant in June 2019 as senior vice president of government relations and regulatory affairs.
Prior to his arrival, Rosenblum held a brief role as counsel for Venable after a decade of in-house government affairs roles at insurance companies Guardian Life Insurance Co. and The Hartford Financial Services Group Inc.
“What attracted me to insurance is that regulation and government affairs is really woven into every aspect of the business of insurance,” Rosenblum told Bloomberg Law in an interview. “If you’re a government relations person and you want to be doing something that is really relevant, then insurance is the best place.”
Since the coronavirus pandemic began, Rosenblum said the biggest challenge has been complying with state regulations requiring forbearance across many forms of insurance as well as providing state, federal, and even international regulators with relevant data. Rosenblum said he isn’t worried about the company’s future though, since “insurance is something everybody has to get.”
Rosenblum also spent 13 years at major accounting firms Ernst & Young and Grant Thornton, according to his LinkedIn profile.
Aside from Rosenblum, the company announced Francesca Luthi, executive vice president, chief communications and marketing officer, has been named to the newly created role of chief administrative officer. It also said that longtime executive vice president and chief human resources officer Robyn Price Stonehill would be leaving the company.
Rosenblum will also work with Greg DeChurch, Assurant’s deputy general counsel, and Mariana Wisk, who has been appointed corporate secretary.