Universal Insurance Holdings Inc

Universal Insurance Holdings Inc. together with its subsidiaries operates as an integrated insurance holding company in the United States. It 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. The company 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 a digital agency for carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents as well as direct-to-consumer online solutions including digital insurance agency. 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.