Universal Insurance Holdings, Inc. (UVE)

12.90 -0.22 (-1.68%) At close: 04:00PM EDT

Universal Insurance Holdings, Inc.

1110 West Commercial Boulevard
Suite 100
Fort Lauderdale, FL 33309
United States
954 958 1200
https://www.universalinsuranceholdings.com

Sector(s): Financial Services
Industry: Insurance—Property & Casualty
Full Time Employees: 1,047

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Sean Patrick Downes	Exec. Chairman	1.64M	N/A	1970
Mr. Stephen Joseph Donaghy	CEO & Director	1.05M	N/A	1965
Mr. Frank Crawford Wilcox	Chief Financial Officer	810.47k	N/A	1966
Ms. Kimberly Denice Campos	Chief Information Officer, Chief Admin. Officer & Director	421.33k	N/A	1978
Mr. Michael J. Poloskey	Chief Operating Officer	N/A	N/A	1971
Mr. Rob Luther	Chief Investment Officer	N/A	N/A	N/A
Mr. Gary Lloyd Ropiecki	Principal Accounting Officer & Sec.	N/A	N/A	N/A
Mr. Darryl Lamont Lewis	Chief Legal Officer	N/A	N/A	1965
Mr. Jason M. Burns	Pres of Blue Atlantic	N/A	N/A	1980
Mr. Arash Soleimani C.F.A., CPA	Chief Strategy Officer	N/A	N/A	N/A

Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, an online platform in which consumers receive side-by-side quotes from various carriers across multiple states, as well as educational materials about homeowners' insurance policies. It offers its products through a network of independent agents, as well as Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.

Corporate Governance

Universal Insurance Holdings, Inc.’s ISS Governance QualityScore as of May 1, 2022 is 6. The pillar scores are Audit: 6; Board: 6; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.