UNIVERSAL AMERICAN - TRADITIONAL INSURANCE BUSINESS
The Traditional Insurance business consists of a closed block of insurance products, including Medicare supplement, other senior health insurance, specialty health insurance and life insurance, including a non-strategic closed block of long-term care insurance policies.
UNIVERSAL AMERICAN - TRADITIONAL INSURANCE BUSINESS
Industry:
Insurance
Founded:
1992-01-01
Address:
White Plains, New York, United States
Country:
United States
Status:
Active
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Universal American - Wikipedia
The company was incorporated as a stock health insurance company on September 22, 1945, under the name American Progressive Health Insurance Company of New York. In 1991, Richard Barasch was elected to chairman of the board and chief executive officer. In 1998 Universal American Financial Corporation (Universal American) agreed to a Share Purchase Agreement with Capital Z Financial Services, a NYC based Private Equity Firm. Capit…See details»
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Aug 3, 2016 Nassau Reinsurance Group Holdings, L.P. (“Nassau Re”) and Universal American Corp. (NYSE:UAM) (“Universal American”) today announced the successful completion of …See details»
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Oct 8, 2015 Universal American’s Traditional Insurance business includes its Medicare Supplement, Long Term Care, Disability, Life, and other ancillary insurance products, all of …See details»
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Company Description: Universal American covers more than 222,000 Medicare Advantage members with such products as HMO, PPO, and private fee-for-service plans. Its …See details»
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Oct 9, 2015 The acquisition sees Nassau acquire all outstanding shares of the Constitution Life and Pyramid businesses for cash, and the remaining portion of the Traditional Insurance …See details»
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Furthermore, we have successfully expanded beyond our traditional insurance business into the administration of insured and noninsured products. FINANCIAL HIGHLIGHTS OF 2000 The …See details»
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Universal American has acquired 4 companies of its own. A total of 3 acquisitions came from private equity firms. It has also divested 5 assets. Universal American’s largest acquisition to …See details»
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