Company United Fire Group, Inc.

Equities

UFCS

US9103401082

Property & Casualty Insurance

Market Closed - Nasdaq 04:00:00 2024-04-18 pm EDT 5-day change 1st Jan Change
22.03 USD +1.94% Intraday chart for United Fire Group, Inc. +1.33% +9.49%

Business Summary

United Fire Group, Inc. is engaged in the business of writing property and casualty insurance through a network of independent agencies. The Company’s insurance company subsidiaries are licensed as property and casualty insurers in 50 states, plus the District of Columbia. Its business is comprised primarily of commercial lines property and casualty insurance, including surety bonds. Its core commercial products support a variety of customers, including small business owners and middle market businesses operating in industries, such as construction, services, retail trade, financial and manufacturing, along with contract surety and commercial surety bonds offered through approximately 1,000 independent property and casualty agencies. It also provides specialty and surplus lines coverage through wholesale brokers on an admitted and non-admitted basis. Additionally, it offers reinsurance coverage for property and casualty insurance through traditional treaty reinsurance channels.

Number of employees: 852

Sales per Business

USD in Million2022Weight2023Weight Delta
Property and Casualty - Other Liability
31.0 %
302 31.8 % 321 31.0 % +6.06%
Property and Casualty - Fire & Allied Lines
24.1 %
237 24.9 % 249 24.1 % +5.18%
Property and Casualty - Automobile
20.2 %
208 21.9 % 209 20.2 % +0.23%
Property and Casualty - Reinsurance Assumed
15.5 %
108 11.4 % 160 15.5 % +47.39%
Property and Casualty - Workers Compensation
5.1 %
56 5.9 % 53 5.1 % -5.31%
Property and Casualty - Fidelity & Surety
3.9 %
38 4.0 % 40 3.9 % +5.13%
Property and Casualty - Other
0.3 %
1 0.1 % 3 0.3 % +140.85%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
952 100.0 % 1,035 100.0 % +8.73%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 22-08-21
Director of Finance/CFO 53 22-04-17
Chief Investment Officer - 11-11-30
Chief Tech/Sci/R&D Officer - 15-11-22
Chief Operating Officer 56 23-01-29
General Counsel - 17-12-31
Corporate Officer/Principal - 20-05-19
Corporate Officer/Principal - 20-05-19
Sales & Marketing - 84-12-31
Human Resources Officer - 12-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 98-12-31
Director/Board Member 70 13-02-14
Chairman 68 08-12-31
Director/Board Member 62 96-12-31
Director/Board Member 69 16-11-17
Director/Board Member 56 22-02-17
Director/Board Member 68 14-02-20
Director/Board Member 55 12-05-16
Chief Executive Officer 60 22-08-21
Director/Board Member 52 20-05-19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 25,286,171 20,735,139 ( 82.00 %) 0 82.00 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
13.72 %
3,469,186 13.72 % 76 M $
2,987,102 11.82 % 65 M $
Vanguard Fiduciary Trust Co.
10.27 %
2,595,863 10.27 % 57 M $
Dimensional Fund Advisors LP
5.869 %
1,483,515 5.869 % 32 M $
EARNEST Partners LLC
5.098 %
1,288,566 5.098 % 28 M $
EARNEST Partners LLC
5.046 %
1,275,445 5.046 % 28 M $
837,751 3.314 % 18 M $
U.S. Trust Company of Delaware
1.928 %
487,331 1.928 % 11 M $
Geode Capital Management LLC
1.886 %
476,854 1.886 % 10 M $
Charles Schwab Investment Management, Inc.
1.438 %
363,590 1.438 % 8 M $

Holdings

NameEquities%Valuation
100,644 0.12% 16,787,419 $
125,687 0.46% 10,590,387 $
133,500 0.00% 8,032,695 $
260,000 0.01% 7,586,800 $
113,181 0.67% 6,874,614 $
22,000 0.02% 6,482,300 $
39,300 0.00% 6,376,425 $
74,864 0.12% 6,353,708 $
55,000 0.00% 6,251,300 $
38,000 0.00% 6,011,220 $

Company contact information

United Fire Group, Inc.

118 2nd Avenue SE

52401-1212, Cedar Rapids

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http://www.ufginsurance.com
address United Fire Group, Inc.(UFCS)
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