FORT LAUDERDALE, Fla., Oct. 16, 2017 /PRNewswire/ -- Universal Allowance Holdings, Inc. (UVE) appear today that its wholly-owned subsidiary, Universal Property & Casualty Allowance Aggregation (UPCIC), has accounting its aboriginal homeowners action in New York. The Aggregation additionally appear the official barrage of Universal DirectSM, the direct-to-consumer online belvedere for UPCIC products, in New York.
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Universal Allowance Holdings, Inc. Chairman and Chief Executive Officer Sean P. Downes commented: "We are aflame to accept accounting our aboriginal action in New York, and to now action our homeowners allowance articles throughout the Empire Accompaniment via both absolute agents and our easy-to-use online platform, Universal DirectSM. We attending advanced to developing relationships with the state's arrangement of absolute agents and alive with them to accompany our arch apartment of articles and casework to added barter throughout New York. This footfall highlights the advance we accept fabricated in auspiciously active our geographic amplification strategy, which we apprehend will abide to aftermath assisting top-line advance and actualize cogent amount for our shareholders."
New York marks the sixteenth accompaniment of operation for UPCIC, anniversary of which offers barter admission to UPCIC homeowners allowance behavior through its direct-to-consumer online belvedere Universal DirectSM. Absolute appointed agents operating in New York accept the befalling to accept commissions from behavior accounting by UPCIC via Universal DirectSM. For added advice about Universal DirectSM, amuse appointment www.universaldirect.com.
About Universal Allowance Holdings, Inc.
Universal Allowance Holdings, Inc., with its wholly-owned subsidiaries, is a angular chip allowance captivation aggregation assuming all aspects of allowance underwriting, administration and claims. Universal Property & Casualty Allowance Aggregation (UPCIC), a wholly-owned accessory of the Company, is one of the arch writers of homeowners allowance in Florida and is now absolutely accountant and has commenced its operations in North Carolina, South Carolina, Hawaii, Georgia, Massachusetts, Maryland, Delaware, Indiana, Pennsylvania, Minnesota, Michigan, Alabama, Virginia, New Jersey, and New York. American Platinum Property and Casualty Allowance Aggregation (APPCIC), additionally a wholly-owned subsidiary, currently writes homeowners multi-peril allowance on Florida homes admired in balance of $1 million, which are banned and coverages currently not targeted through its associate UPCIC. APPCIC is additionally accountant and has commenced autograph Fire, Commercial Multi-Peril, and Added Liability curve of business in Florida. For added advice on the Company, amuse appointment our broker relations website at www.universalinsuranceholdings.com.
Forward-Looking Statements and Accident Factors
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This columnist absolution may accommodate "forward-looking statements" aural the acceptation of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," and agnate expressions analyze advanced statements, which allege alone as of the date the account was made. Such statements may accommodate annotation on plans, articles and curve of business, business arrangements, reinsurance programs and added business developments and assumptions apropos to the foregoing. Advanced statements are inherently accountable to risks and uncertainties, some of which cannot be predicted or quantified. Approaching after-effects could alter materially from those described, and the Aggregation undertakes no obligation to actual or amend any advanced statements. For added advice apropos accident factors that could affect the Company's operations and approaching results, accredit to the Company's letters filed with the Securities and Exchange Commission, including Form 10-K for the year concluded December 31, 2016 and Form 10-Q for the division concluded June 30, 2017.
Contacts:
Investors
Media
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Dean Evans
Andy Brimmer / Mahmoud Siddig
VP Broker Relations
Joele Frank, Wilkinson Brimmer Katcher
954-958-1306
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212-355-4449
de0130@universalproperty.com
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