Universal Insurance Holdings, Inc. Announces Executive Changes
November 21, 2020 at 03:03 am IST
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Jon W. Springer, the President and Chief Risk Officer of Universal Insurance Holdings, Inc. notified the Company that he has decided to retire from his role as President of the Company, effective January 1, 2021.Mr. Springer will retire from his role as the Company’s Chief Risk Officer at the end of January and will continue serving on the Company’s Board of Directors.
Universal Insurance Holdings, Inc. is a holding company that offers property and casualty insurance and value-added insurance services. It develops, markets, and underwrites insurance products for consumers in the personal residential homeownerâs lines of business and other insurance-related services for its insurance entities, including risk management, claims management, and distribution. Its primary insurance entities include Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company. UPCIC distributes policies through its independent agency force and offers various types of personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire. It also offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. Through its subsidiary, Evolution Risk Advisors, Inc., it advises on actuarial issues and administers claims payments.
UNIVERSAL INSURANCE HOLDINGS, INC. 
