The Company

A multiple line, property and casualty company domiciled in Anchorage with its offices at 1901 Bragaw Street. Umialik was incorporated in May of 1981 and received its Certificate of Authority in June of 1981 in Alaska and October of 1998 in Washington. Our current A.M. Best rating is A-. Umialik is headquartered in Anchorage, Alaska, the largest city in Alaska. Anchorage has over 300,000 residents and continues to grow at about 2% per year. As of May 1st Umialik will celebrate it 25th year of business.

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Ownership

Umialik Insurance Company is a wholly owned subsidiary of Ukpeagvik Inupiat Corporation (UIC) of Barrow, Alaska. 100% of the stock of Umialik Insurance Company is owned by UIC. Barrow, the northernmost community in North America, is located on the Chukchi Sea coast, 10 miles south of Point Barrow from which it takes its name. It lies 725 air miles from Anchorage. UIC also owns several other subsidiaries such as UIC Construction, Bowhead Transportation and LCMF.

Reinsurance

All reinsurance is placed with major U.S. Reinsurers and is structured to provide protection to the Company and its insureds. All of our Reinsurers are A or better A.M. Best rated.

Claims

All claims are handled by staff or independent adjusters under the direction of the claims department.

Underwriting

All of Umialik's business is underwritten and issued in its Anchorage office. The Company is filed to use ISO and NCCI rates and rules.

All underwriting decisions are made by our qualified staff with many years of experience and knowledge.

In Commercial Lines we specialize in small to mid-size rural and main street business with a focus on:

• Mercantile
• Restaurants
• Specialty Contractors
• Auto Repair and more