Mr. Sean P. Downes has been the Chief Executive Officer of Universal Insurance Holdings Inc. since February 22, 2013 and served as its and President until March 11, 2016. Mr. Downes served as the Chief Operating Officer of Universal Insurance Holdings Inc. from August 19, 2005 to February 22, 2013 and its subsidiary Universal Property & Casualty Insurance Company since July 2003. Mr. Downes served as a Senior Vice President of Universal Insurance Holdings Inc., from January 2005 to February 2013. He served as the Chief Operating Officer of Universal Adjusting Corporation from July 1999 to July 2003 and created Universal Adjusting Corporations claims operation. He joined Universal Insurance Holdings Inc. in July 1999, he served as a Vice President of Dennis Downes and Associates. He has been Chairman of Universal Insurance Holdings Inc. since 2013 and has been its Director since January 2005. He has been a Director of Universal Property & Casualty Insurance Company since July 2003.