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United Insurance Appoints New Chief Financial Officer

To focus on financial planning and control, financial reporting and general corporate finance activities

United Insurance Holdings, a property and casualty insurance holding company, has appointed Joseph Peiso as new chief financial officer, effective from January 19, 2010.

In his new role, Mr Peiso will be responsible for the company’s financial planning and control, financial reporting and general corporate finance activities. He brings 25 years of experience in the property casualty insurance industry to his role.

Most recently, Mr Peiso served as a consultant to the insurance industry. In his role as consultant, he worked directly with Florida Office of Insurance Regulation representatives to assist Florida domestic insurance companies placed under administrative supervision.

Don Cronin, CEO of United Insurance, said: “We are very pleased to welcome Joe to United and we expect that his leadership and financial acumen will add increasing depth and diverse skills to our corporate finance team. Joe’s expertise in the property and casualty insurance industry, his contacts throughout the state of Florida, and his regulatory expertise will be valuable assets.”

Mr Cronin, who had been appointed as the company’s interim principal financial officer at United, added: “As we welcome Joe to the United team, we would also like to thank the entire financial team for their efforts while we searched for a candidate.”