Announced
Completed
Synopsis
UIM Holding, a global holding company and Universal Fire & Casualty Insurance, a multiline admitted commercial lines insurance company, completed the merger with Shield Indemnity, an insurance company. “Under the umbrella of Universal Shield, UFCIC and Shield Indemnity will serve the commercial P&C marketplace as a multi-line, multi-product, multi-market brand embracing strong, highly-responsive distribution partners, customer service portals, innovative technologies, unique product positioning, and advanced analytics leveraging AI and Big Data resources,” Christopher Timm, CEO of UFCIC.
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