Such factors include those factors relevant to Brown & Brown's consummation and integration of the announced acquisition, including any matters analyzed in the due diligence process, and material adverse changes in the business and financial condition of the seller, the buyer, or both, and their respective customers. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown's financial results and condition, as well as its other achievements, is contained in Brown & Brown's filings with the Securities and Exchange Commission. It is possible that Brown & Brown's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. These statements are not historical facts, but instead represent only Brown & Brown's current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown & Brown's control.
Learn more about UPC Insurance at This press release may contain certain statements relating to future results which are forward-looking statements, including those associated with this acquisition. UPC Insurance has operated in Florida since 1999, and has successfully managed its business through various hurricane and tropical storm events. UPC Insurance is primarily engaged in the homeowners property and casualty insurance business in the United States.
Collectively, including United Insurance Holdings Corp., we refer to these entities as "UPC Insurance," which is the preferred brand identification we are establishing for our company. United Insurance Holdings Corp. (UIHC) serves as the holding company for United Property & Casualty Insurance Company and its affiliated companies. Agents and consumers may visit us at and. to strengthen the flood program that serves 5.6 million flood policyholders. Wright Flood takes pride in user-friendly technology, exceptional claims reputation and providing service clients deserve. Wright Flood enjoys a strong reputation for excellence with FEMA and participates on industry councils and advisory boards in Washington, D.C. Wright National Flood Insurance Company, the largest flood insurance provider in the nation and a wholly owned subsidiary of Brown & Brown, Inc., offers federal, excess and private flood insurance with leading industry expertise, rated A- (Excellent) by A.M. "Wright's excellent reputation in the flood space and specialized knowledge of the NFIP Write Your Own program will serve the dynamic needs of UPC Insurance's NFIP policyholders and agents."Ībo u t W ri gh t N a t i on a l F loo d In s ur a nc e Company "We are pleased to have reached an agreement with Wright for the sale of UPC Insurance's NFIP flood book of business," said UPC Insurance's Chief Information and Chief Operating Officer Chris Griffith. We have been diligent in staying current on all of the updates with Risk Rating 2.0 and look forward to providing those insights with our new agent partners and policyholders." "That dates back to 1983 when it was one of the first Write Your Own ("WYO") participants in the National Flood Insurance Program.
"Wright Flood has long been a premier provider of NFIP flood coverage and private flood insurance options for both homeowners and businesses," she added. "We are excited to carry on that long history and provide our experience in the flood insurance industry to create a smooth transition during this process." "United Property and Casualty Company has been around since 1999 for its policyholders and agent partners," Templeton-Jones said. Wright National Flood Insurance Services President Patricia Templeton-Jones said she is excited about the new partnership with UPC Insurance agents.
Wright Flood takes pride in user-friendly technology, exceptional claims reputation, and providing a high level of service. It is widely recognized for its experience, claims response and long-standing commitment to partner with agents and policyholders, especially at the time of a flood loss. Wright Flood has more than 40 years of experience exclusively in the flood insurance industry. Together, Wright and UPC Insurance representatives will be in contact with their agents. Best-rated for financial strength as A- (Excellent). For retail agents accessing flood coverage through UPC Insurance, there will be minimal change in the process to continue to provide NFIP coverage for policyholders. All new policies and renewals will be issued by Wright National Flood Insurance Company, which is A.M. Beginning in the third quarter of 2022, Wright Flood will manage UPC Insurance's NFIP flood placements.
0 kommentar(er)
