Universal Insurance Holdings, Inc. Appoints William Degnan as Chief Claims Officer
October 18, 2022 at 04:05 pm EDT
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Universal Insurance Holdings, Inc. announced that William Degnan has been appointed Chief Claims Officer. Mr. Degnan was previously Executive Vice President, Claims of Alder Adjusting Corporation, Universal's wholly owned claims adjusting subsidiary. Mr. Degnan will continue to lead enterprise-wide claims processing and adjusting, overseeing over 300 professionals and multiple third-party relationships.
Mr. Degnan has been with Universal since 2011. Prior to serving as Executive Vice President of Alder Adjusting Corporation, he held various positions of increasing responsibility within Universal's claims department. He received a Master of Science degree in civil engineering from Florida Atlantic University.
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. 
