| UFCS Stock | | | USD 30.66 0.18 0.58% |
CTO
Mr. Brian Frese is Chief Technology Officer of United Fire Group Inc. Frese brings more than 17 years of experience to UFG including operational leadership and new technology implementation in the financial services industry. Frese was most recently chief technology officer at Transamerica Corporation located in Cedar Rapids Iowa. During his time at Transamerica Corporation he specialized in application development management change agent implementation and the delivery of IT capabilities to support company goals. Frese is a graduate of Iowa State University and holds a bachelorofarts degree in psychology. Additionally Computer Science Corporation honored him as a 2011 Life and Annuity Innovation Award Winner in Global Sourcing. since 2015.
| Tenure | 9 years |
| Address | 118 Second Avenue SE, Cedar Rapids, IA, United States, 52401 |
| Phone | 319 399 5700 |
| Web | https://www.ufginsurance.com |
United Fire Management Efficiency
The company has return on total asset
(ROA) of
0.0128 % which means that it generated a profit of $0.0128 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity
(ROE) of
0.0701 %, meaning that it created $0.0701 on every $100 dollars invested by stockholders. United Fire's management efficiency ratios could be used to measure how well United Fire manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to gain to -0.009 in 2024.
Return On Capital Employed is likely to drop to 0.01 in 2024. At this time, United Fire's
Non Current Assets Total are comparatively stable compared to the past year.
Non Currrent Assets Other is likely to gain to about 2
B in 2024, despite the fact that
Other Assets are likely to grow to (1.3
B).
United Fire Group currently holds 50
M in liabilities with Debt to Equity
(D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. United Fire Group has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about United Fire's use of debt, we should always consider it together with its cash and equity.
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa. United Fire operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 1086 people. United Fire Group (UFCS) is traded on NASDAQ Exchange in USA. It is located in 118 Second Avenue SE, Cedar Rapids, IA, United States, 52401 and employs 852 people. United Fire is listed under Property & Casualty Insurance category by Fama And French industry classification.
Management Performance
United Fire Group Leadership Team
Elected by the shareholders, the United Fire's board of directors comprises two types of representatives: United Fire inside directors who are chosen from within the company, and outside directors, selected externally and held independent of United. The board's role is to monitor United Fire's management team and ensure that shareholders' interests are well served. United Fire's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, United Fire's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jeremy Bahl, Chief VP | |
| Eric Martin, Executive CFO | |
| Robert Cataldo, Vice President - Strategy Officer | |
| Adam Brown, Assistant Administration | |
| Adam Vogt, VP Officer | |
| Jolene Grow, Assistant Mang | |
| Sarah Madsen, VP Officer | |
| Steven Hernandez, Senior Officer | |
| Patrick CPCU, As Manager | |
| Lindsay Lovvorn, Senior Officer | |
| Brian Frese, CTO VP | |
| Corey Ruehle, Vice President Midwest regional office | |
| Julie Stephenson, Executive COO | |
| Julie Schneekloth, Assistant Director | |
| Michael Sheeley, Vice President and COO of United Life Insurance Company | |
| Micah Woolstenhulme, Senior Officer | |
| Tracy Bastian, VP HR | |
| Kevin Leidwinger, CEO, President | |
United Stock Performance Indicators
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