Jon Springer - Universal Insurance Director
UVE Stock | USD 21.78 0.28 1.30% |
Director
Mr. Jon W. Springer is President, Chief Risk Officer and Director of the Company. Mr. Springer became a director of the Company in 2013. Mr. Springer became President and Chief Risk Officer of the Company as of March 10, 2016. Prior to taking on such role, he served as an Executive Vice President and Chief Operating Officer of the Company since 2013. Mr. Springer was an Executive Vice President of Evolution Risk Advisors, Inc., a whollyowned subsidiary of the Company, from 2006 through 2008, and an Executive Vice President of Blue Atlantic Reinsurance Corporation, a whollyowned subsidiary of the Company, from 2008 to 2013. Before joining Evolution Risk Advisors, Inc. in 2006, Mr. Springer was an Executive Vice President of Willis Re, Inc. and was responsible for managing property and casualty operations in its Minneapolis office. Mr. Springer brings to the Board extensive experience in the property and casualty insurance industry, including with respect to reinsurance arrangements. since 2021.
Age | 50 |
Tenure | 4 years |
Address | 1110 West Commercial Boulevard, Fort Lauderdale, FL, United States, 33309 |
Phone | 954 958 1200 |
Web | https://www.universalinsuranceholdings.com |
Latest Insider Transactions
Springer was an Executive Vice President of Universal Risk Advisors, Inc., a whollyowned subsidiary of the Company, from 2006 through 2008, and an Executive Vice President of Blue Atlantic Reinsurance Corporationration, a whollyowned subsidiary of the Company, from 2008 to 2013. Before joining Universal Risk Advisors, Inc. in 2006, Mr. Springer was an Executive Vice President of Willis Re, Inc. and was responsible for managing property and casualty operations in its Minneapolis office.Jon Springer Latest Insider Activity
Tracking and analyzing the buying and selling activities of Jon Springer against Universal Insurance stock is an integral part of due diligence when investing in Universal Insurance. Jon Springer insider activity provides valuable insight into whether Universal Insurance is net buyers or sellers over its current business cycle. Note, Universal Insurance insiders must abide by specific rules, including filing SEC forms every time they buy or sell Universal Insurance'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Jon Springer over a week ago Disposition of 25000 shares by Jon Springer of Universal Insurance at 20.6261 subject to Rule 16b-3 | ||
Jon Springer over six months ago Disposition of 26822 shares by Jon Springer of Universal Insurance at 20.8837 subject to Rule 16b-3 | ||
Jon Springer over six months ago Disposition of 20000 shares by Jon Springer of Universal Insurance at 20.5214 subject to Rule 16b-3 | ||
Jon Springer over six months ago Disposition of 35173 shares by Jon Springer of Universal Insurance at 20.5293 subject to Rule 16b-3 |
Universal Insurance Management Efficiency
The company has Return on Asset of 0.0221 % which means that on every $100 spent on assets, it made $0.0221 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1649 %, implying that it generated $0.1649 on every 100 dollars invested. Universal Insurance's management efficiency ratios could be used to measure how well Universal Insurance manages its routine affairs as well as how well it operates its assets and liabilities. At present, Universal Insurance's Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.02, whereas Return On Equity is forecasted to decline to 0.09. At present, Universal Insurance's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 1.7 B, whereas Non Currrent Assets Other are forecasted to decline to about 40.1 M.Similar Executives
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Management Performance
Return On Equity | 0.16 | ||||
Return On Asset | 0.0221 |
Universal Insurance Leadership Team
Elected by the shareholders, the Universal Insurance's board of directors comprises two types of representatives: Universal Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Universal. The board's role is to monitor Universal Insurance's management team and ensure that shareholders' interests are well served. Universal Insurance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Universal Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marlene Gordon, Independent Director | ||
Rob Luther, Chief Investment Officer | ||
Sean Downes, Chairman of The Board, CEO and President and Member of Investment Committee | ||
Arash Soleimani, Chief Strategy Officer | ||
Gary CPA, Principal Secretary | ||
Michael Poloskey, Chief Operating Officer | ||
Frank CPA, Chief Officer | ||
Ozzie Schindler, Independent Director | ||
Richard Peterson, Independent Director | ||
Michael Pietrangelo, Lead Independent Director | ||
Jason Burns, President - Blue Atlantic | ||
Jon Springer, COO, Executive VP, Director and Member of Investment Committee | ||
Matthew Palmieri, President of Universal Property and Casualty Insurance | ||
Francis Mccahill, Independent Director | ||
Scott Callahan, Independent Director | ||
Kimberly Campos, Chief Administrative Officer, Chief Information Officer, Director | ||
Stephen Donaghy, Chief Marketing Officer and Secretary | ||
Darryl Lewis, Independent Director | ||
Joel Wilentz, Independent Director | ||
Ralph Palmieri, Independent Director | ||
CPA CFA, Chief Officer | ||
William Degnan, Chief Officer | ||
Frank Wilcox, Chief Financial Officer, Principal Accounting Officer | ||
Gary Ropiecki, Principal Accounting Officer, Corporate Secretary |
Universal Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Universal Insurance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.16 | ||||
Return On Asset | 0.0221 | ||||
Profit Margin | 0.04 % | ||||
Operating Margin | 0.02 % | ||||
Current Valuation | 454.57 M | ||||
Shares Outstanding | 28.1 M | ||||
Shares Owned By Insiders | 9.26 % | ||||
Shares Owned By Institutions | 70.36 % | ||||
Number Of Shares Shorted | 316.68 K | ||||
Price To Earning | 13.42 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Insurance Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Insurance. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 0.64 | Earnings Share 1.98 | Revenue Per Share | Quarterly Revenue Growth 0.025 |
The market value of Universal Insurance is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.