United Insurance appoints new CFO

Dec 22, 2009 (Datamonitor via COMTEX) -- US-based United Insurance Holdings has appointed Joseph Peiso as its new CFO, effective January 19, 2010.

As CFO, Mr Peiso will be responsible for United's financial planning and control, financial reporting and general corporate finance activities.

Most recently, he served as a consultant to the insurance industry. As managing member of Sarasota Bay Insurance Managers, based in Sarasota, Florida, he primarily offered his expertise in regulatory oversight, company formation, mergers and acquisitions, dispute resolution, and financial review. 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, United Insurance's CEO, 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. I'm confident that he will help us maintain a stringent focus on financial strength for our policyholders, as well as maximizing shareholder value."

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