Name | Value |
---|---|
Revenues | 375.5M |
Cost of Revenue | 0.0M |
Gross Profit | 375.5M |
Operating Expense | 73.1M |
Operating I/L | 302.3M |
Other Income/Expense | 25.9M |
Interest Income | 0.0M |
Pretax | 25.9M |
Income Tax Expense | 5.9M |
Net Income/Loss | 20.0M |
Universal Insurance Holdings, Inc. operates as an integrated insurance holding company in the United States, offering a range of personal residential insurance products such as homeowners, renters/tenants, condo unit owners, and dwelling/fire coverage. The company also provides allied lines, personal property, liability, and personal articles coverages. It advises on actuarial issues, administers claims payments, and operates an online platform, Clovered.com, for consumers to receive quotes and educational materials about homeowners' insurance policies. Additionally, it offers its products through independent agents and a direct-to-consumer online platform, Universal Direct, enabling homeowners to directly purchase, pay for, and bind homeowners' policies.