Mr. Don Cronin reports
1347 ADVISORS TO PROVIDE SERVICES TO UNITED
United Insurance Holdings Corp. has entered into a management
services agreement with 1347 Advisors LLC, a wholly owned subsidiary of Kingsway Financial Services Inc., pursuant to
which 1347 Advisors will provide the services of an interim chief
financial officer to United, as well as certain strategy consulting,
corporate development, corporate finance and actuarial services.
United also announced the appointment of Hassan Baqar as interim chief
financial officer. Mr. Baqar has extensive finance and accounting
experience in the property and casualty insurance industry. He is
currently a managing director of 1347 Advisors, as well as a vice-president of Kingsway America Inc. Mr. Baqar's services as interim
chief financial officer of the company are provided under the terms of
the management services agreement. "We are very pleased to have Hassan
begin working with our team at United," said Don Cronin, its chief executive officer.
We seek Safe Harbor.
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