Universal Insurance Holdings, Inc., has appointed Jon W. Springer president and chief risk officer and Stephen J. Donaghy chief operating officer.
“Both Jon and Steve have had an integral role in Universal's growth and development over the past 10 years,” said Sean P. Downes, the chairman and chief executive officer of Universal Insurance. “These promotions represent a further evolution of our management structure to better align our resources with our growing business. On behalf of the Universal board, I would like to congratulate Jon and Steve on their new appointments.”
Mr. Springer has held several senior leadership positions with increasing responsibility at Universal Insurance, and has helped to develop the company's reinsurance programs and operations. Prior to assuming the positions of president and chief risk officer, Mr. Springer served as executive vice president since June 2013 and chief operating officer and a director of the company since February 2013
Mr. Donaghy has held roles in the areas of operations, marketing, sales, and corporate strategy throughout his career. Prior to assuming the position of chief operating officer, Mr. Donaghy served as the company's chief marketing officer, a position he held starting in January 2015. Mr. Donaghy previously served as the company's chief administrative officer from February 2013 to June 2015, chief information officer from November 2009 to February 2013, and executive vice president from October 2006 to November 2009.
Learn more: www.universalinsuranceholdings.com.

