Universal Property & Casualty Insurance Company (UPCIC) is a wholly-owned subsidiary of Universal Insurance Holding Company of Florida, a Florida corporation. Universal Insurance Holding Company of Florida is wholly owned by Universal Insurance Holdings, Inc.
UPCIC has aligned itself with some of the best and most respected service providers in the industry. This functional structure affords UPCIC the opportunity to take advantage of a unique combination of financial strength, underwriting skills, analytical expertise and administrative capability
Universal Property & Casualty Insurance Company has a distinguished and experienced group of individuals as its directors and officers. The individuals provide guidance and lend their expertise to ensure this insurance operation continues to be successful in the property and casualty insurance marketplace.
The Mission Statement
The mission of Universal Property & Casualty Insurance Company and the Red Elephant is to deliver exceptional service and value to you, the customer. They offer smart solutions, financial security and peace of mind. The wisdom of the Red Elephant guarantees that we never forget our most important job, serving our customers. The Red Elephant and Universal Property & Casualty are always ready to stand by your side.
Universal Property & Casualty Insurance Company is dedicated to providing unsurpassed service to its agents and our customers. When you call Universal Property & Casualty, you will not talk to a voice mail system. A well-trained representative is ready to help.
Underwriters are always available. Universal Property & Casualty is committed to processing all claims quickly and efficiently with every effort made to furnish the client with immediate service.
Universal Property & Casualty prides itself on personal attention, servicing each customer's claim as if s(he) were a member of the family. The goal is to give our customers the quickest turnaround time possible on all claims.
Reinsurance Program
Universal Property & Casualty Insurance Company has a comprehensive reinsurance program in place for the 2018 hurricane season including the following:
- Catastrophe excess of loss provided by the Florida Hurricane Catastrophe Fund (Mandatory Layer) at the 90% level
- Catastrophe excess of loss
- Second, Third and Fourth Event catastrophe excess of loss
- Reinstatement Premium Protection