Universal Insurance Holdings Appoints Michael J. Poloskey as Chief Operating Officer
August 19, 2020 at 04:15 pm EDT
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Universal Insurance Holdings, Inc. announced that Michael J. Poloskey will take on a new role as Chief Operating Officer (COO), effective immediately. Mr. Poloskey fills the COO role, which was vacated last summer when Steve Donaghy was named CEO. Mr. Poloskey, has been the Company’s Vice President of Underwriting since 2013. Prior to his role as the Vice President of Underwriting he served as Vice President of Evolution Risk Advisors since 2009. Over more than a decade Mr. Poloskey has been a liaison between Evolution Risk Advisors and the in-house reinsurance intermediary Blue Atlantic Re, has overhauled operational workflows and the organizational structure in the underwriting department, and has been a champion of technology adoption, enterprise architecture and execution. Prior to joining the Company in 2009, Mr. Poloskey was employed in the financial services industry.
Universal Insurance Holdings, Inc. is a holding company that offers property and casualty insurance and value-added insurance services. It develops, markets, and underwrites insurance products for consumers in the personal residential homeownerâs lines of business and other insurance-related services for its insurance entities, including risk management, claims management, and distribution. Its primary insurance entities include Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company. UPCIC distributes policies through its independent agency force and offers various types of personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire. It also offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. Through its subsidiary, Evolution Risk Advisors, Inc., it advises on actuarial issues and administers claims payments.
UNIVERSAL INSURANCE HOLDINGS, INC. 
