From insurance products to claims management and everything in between, Universal Insurance Holdings (UVE) is a holding company of property and casualty insurance and value-added insurance services.

How UVE Builds Value

Focus

UVE’s focus is on doing ordinary, better. With over 20 years of success, UVE maintains a relentless focus on developing products and solutions to strengthen its foundation and continuously improve the customer experience.

People

People are the cornerstone of UVE’s success. With an agile, entrepreneurial spirit and resolute attitude, UVE’s teams create long-term value for shareholders and seek to cultivate best practices.

Technology

Enabling technology is a driving force behind UVE. From creating a proprietary back-office platform, to launching the first Florida online distribution platform that enables consumers to fully complete a policy purchase online, UVE is differentiating itself to deliver a superior customer experience.

Brands

UVE’s primary insurance companies and insurance services companies provide expertise across the insurance value chain to maintain quality throughout the policy lifecycle.

Partners

UVE maintains strong reinsurance partner relationships, many of which have been intact for more than 20 years.

Community

About Community

Community

UVE is committed to empowering and giving back to the communities it serves.

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Back to School Supply Drive

Back to School Supply Drive

Thank you to all our UPCIC associates who generously donated new school supplies to Broward Education Foundation 2018 Back to…

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Lauderdale Beach Cleanup

Fort Lauderdale beach cleanup

Great morning at the Ft Lauderdale beach cleanup! Fort Lauderdale Beach Sweep

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Structure

From insurance products to claims management and everything in between, UVE is a holding company of property and casualty insurance and value-added insurance services.

About Structure
About Structure

UVE at a Glance

  • # of EMPLOYEES = 100
    734
    RETURN ON EQUITY
    24.1%
    DIRECT PREMIUM WRITTEN
    $1.2B
  • # of EMPLOYEES = 100
    558
    RETURN ON EQUITY
    25.7%
    DIRECT PREMIUM WRITTEN
    $1.0B
  • # of EMPLOYEES = 100
    483
    RETURN ON EQUITY
    29.4%
    DIRECT PREMIUM WRITTEN
    $954.6M
  • # of EMPLOYEES = 100
    392
    RETURN ON EQUITY
    41.8%
    DIRECT PREMIUM WRITTEN
    $883.4M
  • # of EMPLOYEES = 100
    335
    RETURN ON EQUITY
    38.4%
    DIRECT PREMIUM WRITTEN
    $789.5M
  • # of EMPLOYEES = 100
    300
    RETURN ON EQUITY
    34.8%
    DIRECT PREMIUM WRITTEN
    $783.8M
  • # of EMPLOYEES = 100
    279
    RETURN ON EQUITY
    19.4%
    DIRECT PREMIUM WRITTEN
    $780.1M
  • # of EMPLOYEES = 100
    271
    RETURN ON EQUITY
    13.7%
    DIRECT PREMIUM WRITTEN
    $721.4M
  • # of EMPLOYEES = 100
    252
    RETURN ON EQUITY
    27.9%
    DIRECT PREMIUM WRITTEN
    $666.3M
  • # of EMPLOYEES = 100
    217
    RETURN ON EQUITY
    25.1%
    DIRECT PREMIUM WRITTEN
    $562.6M
  • # of EMPLOYEES = 100
    182
    RETURN ON EQUITY
    42.6%
    DIRECT PREMIUM WRITTEN
    $511.3M
  • # of EMPLOYEES = 100
    151
    RETURN ON EQUITY
    101.9%
    DIRECT PREMIUM WRITTEN
    $498.7M
  • # of EMPLOYEES = 100
    118
    RETURN ON EQUITY
    104.8%
    DIRECT PREMIUM WRITTEN
    $371.7M
  • # of EMPLOYEES = 100
    81
    RETURN ON EQUITY
    122.6%
    DIRECT PREMIUM WRITTEN
    $88.7M
  • # of EMPLOYEES = 100
    54
    RETURN ON EQUITY
    (14.3)%
    DIRECT PREMIUM WRITTEN
    $41.1M

Explore Major Events

1997

Launched our first licensed personal residential home insurance carriers Universal Property and Casualty

Launched our first licensed personal residential home insurance carriers Universal Property and Casualty

1998

UPCIC assumes ~30K homeowners insurance policies from Florida’s JUA (today called Citizens)

UPCIC assumes ~30K homeowners insurance policies from Florida’s JUA (today called Citizens)

96'-00'
01'-05'
2007

Acquired Atlas Premium Finance Company

Acquired Atlas Premium Finance Company

2007

UVE listed on American stock exchange (AMEX)

UVE listed on American stock exchange (AMEX)

2008

Licensed to write policies in SC, HI and NC

Licensed to write policies in SC, HI and NC

2008

Launched second insurance carrier subsidiary American Platinum Property & Casualty insurance company (APPCIC) to focus on high net worth homeowners policies

Launched second insurance carrier subsidiary American Platinum Property & Casualty insurance company (APPCIC) to focus on high net worth homeowners policies

2009

Licensed to write policies in GA

Licensed to write policies in GA

2010

Licensed to write policies in MA and MD

Licensed to write policies in MA and MD

06'-10'
2013

Sean Downes elected chairman, CEO & President; Jon Springer appointed SVP & COO and elected to Board; Steve Donaghy appointed CAO; Frank Wilcox elected CFO and principle accounting officer

Sean Downes elected chairman, CEO & President; Jon Springer appointed SVP & COO and elected to Board; Steve Donaghy appointed CAO; Frank Wilcox elected CFO and principle accounting officer

2013

APPCIC assigned Demotech Financial stability rating of A (Exceptional)

APPCIC assigned Demotech Financial stability rating of A (Exceptional)

2013

UVE listed on New York Stock Exchange (NYSE)

UVE listed on New York Stock Exchange (NYSE)

2014

Licensed to write polices in DE and IN

Licensed to write polices in DE and IN

2015

Acquired Aplin Peer & Associates, inc.

Acquired Aplin Peer & Associates, inc.

2015

Kim Cooper appointed Chief Information Officer (CIO).

Kim Cooper appointed Chief Information Officer (CIO).

2015

Licensed to write policies in PA, MI, MN, VA, AL, WV and NH

Licensed to write policies in PA, MI, MN, VA, AL, WV and NH

11'-15'
2016

Jon Springer appointed Chief Risk Officer (CRO); Steve Donaghy appointed COO

Jon Springer appointed Chief Risk Officer (CRO); Steve Donaghy appointed COO

2016

Launched online distribution platform Universal Direct.

Launched online distribution platform Universal Direct.

2016

Launched Commercial residential insurance program through APPCIC

Launched Commercial residential insurance program through APPCIC

2016

Licensed to write policies in NJ and NY

Licensed to write policies in NJ and NY

OCT 06, 2016

Hurricane Mathew and Hermine.

Gaining category 5 status in the Atlantic Ocean, Hurricane Matthew’s impact was most widely felt throughout Caribbean countries.

2017

Licensed to write policies in IA

Licensed to write policies in IA

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SEP 07, 2017

Hurricane Irma

The strongest Atlantic basin hurricane and one of the most destructive in United States history, Irma was a catastrophic storm that broke records and wreaked havoc on the state of Florida and beyond.

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2018

Licensed to write policies in IL

Licensed to write policies in IL

2018

Hurricane Florence; Hurricane Michael

Hurricane Florence; Hurricane Michael

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2019

Launched customer facing digital transformation

Launched customer facing digital transformation with new online presence and brand refresh.

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2019

Launched new online distribution channel “Clovered” to improve the customer experience.

Launched new online distribution channel “Clovered” to improve the customer experience. Clovered enables consumers to Preapare, Protect, and Recover from unfortunate events, It's where Preparation, Meets Protection.

16'-20'