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Stock impact report

AIZ Boosts Post-Purchase Capabilities With RL Circular Operations [Yahoo! Finance]

Assurant, Inc. (AIZ) 
Last assurant, inc. earnings: 2/11 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
RL Circular Operations, formerly known as TIC Reverse Logistics, is a reverse logistics division of TIC Group. It is widely recognised as the leading post-purchase workflow and reverse logistics service provider for retailers, manufacturers, and suppliers in Australia and New Zealand. TIC Group, founded in 1989, operates across post-purchase customer experience, centralized return centers, and asset recovery business lines. This strategic acquisition of RL Circular Operations and its subsidiaries fortifies Assurant's post-purchase service capabilities in Australia and New Zealand. The deal also intends to use AI-based technologies that drive sustainable practices in retail and device lifecycle management programs in the region. With the integration of RL Circular Operations' expertise, Assurant will deliver more efficient post-sales services across APAC as a response to the rising consumer demand for seamless returns as well as sustainable lifecycle solutions. This investment o Show less Read more
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