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Universal Insurance appoints new chief financial officer

IBR Staff Writer Published 04 October 2010

Universal Insurance Holdings has appointed George De Heer as a new chief financial officer and principal accounting officer, effective 1 October 2010. De Heer will replace James Lynch, who resigned following the illness.

Lynch was executive vice president and chief financial officer of the company and its wholly-owned insurance subsidiaries, Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property & Casualty Insurance Company (APPCIC), following a recent illness. .

De Heer will also serve as the chief financial officer of UPCIC and APPCIC and served as the company's vice president finance since October 2006.

Prior to joining Universal Insurance, De Heer was vice president of finance and controller for a national property and casualty insurer.

Universal Insurance CEO Brad Meier said that George has been a valuable member of our finance and accounting team for four years and is well-positioned to assume his expanded duties as CFO.