Universal insurance holdings, inc. ( company ) ( nyse mkt : uve ) announced to the point it has elected frank wilcox, formerly vice president – finance, just like the company’s chief monetary officer and principal accounting officer effective october 1, 2013. mr. wilcox may also serve just like the chief monetary officer as out to the company’s wholly-owned subsidiaries universal property & casualty insurance company ( upcic ) and american platinum property and casualty insurance company ( appcic ).
Mr. wilcox succeeds george de heer, who resigned as chief monetary officer and principal accounting officer of the corporate and its wholly-owned insurance subsidiaries, upcic and appcic, effective september 30, 2013, for personal reasons. following his resignation, mr. de heer will surely be out there to the corporate against a nine-month consulting agreement. mr. wilcox has served just like the company’s vice president – finance since january 2011. before joining the corporate, mr. wilcox was director, consolidation and sec reporting at burger king corporation from 2006 to 2011. from 2000 to 2006, he served as senior vice president, controller at bankunited. earlier in her career he served in varied capacities at intervals the monetary services business, that included a role as an auditor with a massive public accounting firm. mr. wilcox was licensed currently being a certified public accountant in new york from 1989 to 1992.
“Over his career, frank has taken on monetary roles of increasing responsibility and actually has garnered significant public company experience, that positions him well to function our company’s cfo. more, as an integral membership owner our finance team for a little over 2 years, he is well known regarding his already contributed in the company’s success. i look forward to operating closely with him in her new role as cfo, ” aforesaid sean p. downes, president and chief govt officer. “meanwhile, we appreciate george’s efforts throughout his tenure at our company and wish him well within the future. we conjointly look forward to operating with him connected to consulting basis following his departure as cfo. ”
Regarding universal insurance holdings, inc.
universal insurance holdings, inc., with its wholly-owned subsidiaries, could be a vertically integrated insurance holding company performing all aspects of insurance underwriting, distribution and claims. universal property & casualty insurance company ( upcic ), a wholly-owned subsidiary of the corporate, is arguably one as out to the leading writers of homeowners insurance in florida and is currently absolutely licensed and actually has commenced its operations in north carolina, south carolina, hawaii, georgia, massachusetts and maryland. american platinum property and casualty insurance company, conjointly a wholly-owned subsidiary, nowadays writes homeowners multi-peril insurance on florida homes valued in excess of $1 million, that happen out to be limits and coverages nowadays not targeted through its affiliate upcic. for extra particulars on the corporate, please visit our investor relations website at www. universalinsuranceholdings. com.
Forward-looking statements and risk factors
this press unharness might contain “forward-looking statements” at intervals the which means as out to the private securities litigation reform act of 1995. the lyrics “believe, ” “expect, ” “anticipate, ” and similar expressions establish forward-looking statements, that speak merely as as out to the date the statement was created. such statements might embody commentary on plans, merchandise and lines of business, selling arrangements, reinsurance programs and different business developments and assumptions relating in the foregoing. forward-looking statements are inherently subject to risks and uncertainties, a number of that can not be predicted or quantified. future results may differ materially from those described and the corporate undertakes no obligation to correct or update any forward-looking statements. for more info relating to risk factors that would affect the company’s operations and future results, refer in the company’s reports filed when using the securities and exchange commission, together with the kind 10-k for our year terminated december 31, 2012 and of course the kind 10-q for our quarter terminated march 31, 2013.

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