The Board of Directors of United Insurance Holdings Corp., a property and casualty insurance holding company based in Florida, has appointed R. Daniel Peed as chairman of the board of directors and chief executive officer, effective July 1, 2020.
Peed most recently served as vice chairman of the company’s board of directors. Greg Branch, who has served as chairman of the board since the company’s founding in 1999, will remain a member of the board of directors and assume the title of chairman emeritus effective the same date. Peed will succeed John L. Forney, who will be stepping down as president and chief executive officer, effective June 30, 2020, to pursue other opportunities.
Peed has an extensive background in the insurance marketplace spanning more than 30 years. He was a co-founder of AmRisc, LLC, served as the president and chief executive officer from December 2000 to December 2018, and most recently served as AmRisc, LLC’s non-executive vice chairman from December 2018 until December 2019. Peed has been vice chairman of the company’s board of directors since the acquisition of American Coastal Insurance Company in April 2017.
Founded in 1999, UPC Insurance is an insurance holding company that sources, writes and services personal and commercial residential property and casualty insurance policies using a group of wholly owned insurance subsidiaries and one majority owned insurance subsidiary through a variety of distribution channels. The company currently writes policies in Connecticut, Florida, Georgia, Hawaii, Louisiana, Massachusetts, New Jersey, New York, North Carolina, Rhode Island, South Carolina and Texas. From its headquarters in St. Petersburg, UPC Insurance’s team of manages a the insurance company, including sales, underwriting, customer service and claims.
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