Business Context and Reporting Period
This Form 8-K was filed by United Insurance Holdings Corp. on March 24, 2015. The report details internal management changes effective as of the filing date. The registrant is incorporated in Delaware and operates in the property and casualty insurance sector.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel appointments and does not contain financial statements or performance data.
Material Changes
The primary material change reported is the reassignment of executive responsibilities within the company:
- Deepak Menon: Vice President of Operations and Business Development will assume oversight of the Sales and Agency Relations team.
- Judy Copechal: Chief Underwriting Officer will assume responsibility for the Product Management team, a role previously held by Mr. Menon. She will report directly to CEO John Forney.
Management Commentary and Background
Management highlighted Ms. Copechal's extensive background to support the transition. She is 57 years old with over 35 years of experience in property and casualty insurance, specifically in catastrophe-exposed markets for personal and commercial lines. Prior to joining the company in August 2014, she served as Senior Vice President of Product Management at Bankers Insurance Group. Her expertise includes underwriting, exposure management, reinsurance, product pricing, and customer experience. She holds a 220 License and an Associate in Underwriting (AU) designation.
Investor Verification Checklist
- Verify the effective date of the leadership transition for the Sales and Product Management teams.
- Confirm the reporting structure of the Chief Underwriting Officer to the CEO.
- Review subsequent filings for any financial impact resulting from these operational shifts.
- Check for any additional disclosures regarding the former responsibilities of Deepak Menon.