United Insurance CEO John Forney steps down, successor revealed

United Insurance Holdings (UPC), a property/casualty insurance holding company, has appointed R. Daniel Peed as new chairman of the board of directors and chief executive officer (CEO).

Peed will succeed John Forney, who will be stepping down as president and CEO, to pursue other opportunities.

Peed has more than 30 year of experience in the insurance marketplace. He was a co-founder of AmRisc, served as the president and CEO from December 2000 to December 2018, and most recently served as AmRisc’s non-executive vice chairman from December 2018 until December 2019. Peed has been vice chairman of the company’s board of directors since the acquisition of American Coastal Insurance Company in April 2017.

Most recently, Peed was vice chairman of the company’s board of directors. Greg Branch, who has served as chairman of the board since the company’s founding in 1999, will remain a member of the board of directors and assume the title of chairman emeritus effective the same date.

“I am honored that Greg Branch will serve in the newly created position of Chairman Emeritus, continuing to provide valuable insight and counsel to the Company and the Board of Directors and I am excited to lead the dedicated UPC team,” said Peed.

Branch commented: “As Chairman, it has been my privilege to work with John for eight years, and I speak for the Board that we appreciate his tireless and dedicated service. We wish John all the best in pursuit of his new opportunities. Over the last three years, it has been my pleasure to work with Dan Peed, and as Chairman Emeritus, I look forward to continuing to work with the Board and Dan to be the premier provider of property insurance in catastrophe-exposed areas.”