Universal Insurance Holdings Appoints Jason M. Burns as New President of Blue Atlantic
January 25 2021 - 9:00AM
Business Wire
Universal Insurance Holdings, Inc. (NYSE: UVE) announced today
that Jason M. Burns will take on the role of President of Blue
Atlantic, UVE’s fully-licensed reinsurance intermediary, effective
immediately.
“I am very pleased to announce that Jason Burns has been named
President of Blue Atlantic. Jason will join us from Chubb Tempest
Re where he spent 14 years as a property catastrophe and property
pro rata underwriter in Bermuda and the US. Jason is a highly
skilled reinsurance professional who is extremely well respected
and regarded in the reinsurance business and understands the
Florida market very well,” said Steve Donaghy, Chief Executive
Officer.
Mr. Burns, 41, began his insurance career at The Hartford
working in the Personal Lines Division. He began his reinsurance
career at OdysseyRe as a property treaty underwriter in 2004. He
joined Chubb Tempest Re in 2006 (then ACE) as a property cat
underwriter focusing on clients located in the United States. He
most recently managed the US Pro Rata and Risk portfolio for Chubb
Tempest Re out of the Stamford, Connecticut office.
Mr. Burns received his bachelor’s degree from Trinity College in
Hartford, CT (2002).
About Universal Insurance Holdings, Inc.
Universal Insurance Holdings (UVE) is a holding company offering
property and casualty insurance and value-added insurance services.
We develop, market, and write insurance products for consumers
predominantly in the personal residential homeowners lines of
business and perform substantially all other insurance-related
services for our primary insurance entities, including risk
management, claims management and distribution. We sell insurance
products through both our appointed independent agents and through
our direct online distribution channels in the United States across
19 states (primarily Florida). Learn more at
UniversalInsuranceHoldings.com.
Forward-Looking Statements
This press release may contain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. The words “believe,” “expect,” “anticipate,” “will,”
“plan,” and similar expressions identify forward-looking
statements, which speak only as of the date the statement was made.
Such statements may include commentary on plans, products and lines
of business, marketing arrangements, reinsurance programs and other
business developments and assumptions relating to the foregoing.
Forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted or quantified,
including those risks and uncertainties described under the heading
“Risk Factors” in the Company’s Annual Report on Form 10-K, and
supplemented in our subsequent Quarterly Reports on Form 10-Q.
Future results could differ materially from those described, and
the Company disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events, or otherwise. For further information
regarding risk factors that could affect the Company’s operations
and future results, refer to the Company’s reports filed with the
Securities and Exchange Commission, including the Company’s Annual
Report on Form 10-K and the most recent quarterly reports on Form
10-Q.
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version on businesswire.com: https://www.businesswire.com/news/home/20210125005169/en/
Investor Relations Contact: Rob Luther, 954-958-1200 ext.
6750 VP, Corporate Development, Strategy & IR
rluther@universalproperty.com
Media Relations Contact: Andy Brimmer / Mahmoud Siddig,
212-355-4449 Joele Frank, Wilkinson Brimmer Katcher
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