OKLAHOMA CITY, Aug. 18, 2014 /PRNewswire-iReach/ -- Mr. Val Rajic was elected President of the Universal Fidelity Life Insurance Company late last year. Steve Hague, Chairman of the Board of Directors, indicates "Mr. Rajic has significantly strengthened the company's position in the insurance industry during his tenure."
Mr. Rajic has more than 20 years of experience in finance and company operations. He previously held positions with Chase Insurance, a subsidiary of JP Morgan Chase, Ceres Group and Great American Financial Resources, Inc. He is a Certified Public Accountant, graduated with honors with an MBA in Corporate Finance from the University of Dallas and also holds a BS in Accounting from the University of Illinois.
Brent Haggard, CEO of UFLIC, says "Val has implemented several operational enhancements, management tools and a plan for UFLIC to become SSAE 16, SOC1 and SOC 2 compliant. All of these initiatives will enable UFLIC to continue to grow and expand in new markets." SSAE16 is an accounting industry standard for auditor-to-auditor communications with respect to audits of a service organization's control environment.
Universal Fidelity Life Insurance Company (UFLIC) specializes in high quality and affordable life, health, and accident insurance solutions that protect the well-being and budgets of individuals and employers. Founded in 1935, the company is the oldest active insurance company domiciled in Oklahoma. UFLIC products include life, student accident and Medicare Supplement Insurance as well as underwriting and administration services for self-funded group health plans. UFLIC also provides Third Party Administration services to other Insurance Companies. To learn more about UFLIC, please visit the corporate site at www.uflic.com.
Media Contact: Brent Haggard, Universal Fidelity Life Insurance Company, 4056080174, firstname.lastname@example.org
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