United Fire Group, Inc. (NASDAQ:UFCS) Q4 2023 Earnings Conference Call February 14, 2024 10:00 AM ET

Company Participants

Tim Borst - Investor Relations

Kevin Leidwinger - President & Chief Executive Officer

Julie Stephenson - Executive Vice President & Chief Operating Officer

Eric Martin - Executive Vice President & Chief Financial Officer

Conference Call Participants

Paul Newsome - Piper Sandler

Operator

Good day, and welcome to the United Fire Group Insurance 2023 Fourth Quarter Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded.

And now, I would like to turn the conference over to Tim Borst. Please go ahead.

Tim Borst

Good morning, and thank you for joining this call.

Yesterday afternoon, we issued a press release on our results. To find a copy of this document, please visit our website at ufginsurance.com. Press releases and slides are located under the Investors tab.

Joining me today on the call are UFG President and Chief Executive Officer, Kevin Leidwinger; Executive Vice President and Chief Operating Officer, Julie Stephenson; and Executive Vice President and Chief Financial Officer, Eric Martin.

Before I turn the call over to Kevin, a couple of reminders. First, please note that our presentation today may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The company cautions investors that any forward-looking statements include risks and uncertainties and are not a guarantee of future performance. These forward-looking statements are based on management's current expectations. The actual results may differ materially due to a variety of factors, which are described in our press release and SEC filings.

Also, please note that in our discussion today, we may use some non-GAAP financial measures. Reconciliations of these measures to the most comparable GAAP measures are also available in our press release and SEC filings.

At this time, I will turn the call over to Mr. Kevin Leidwinger, CEO of UFG Insurance.

Kevin Leidwinger

Thank you, Tim. Good morning, everyone, and welcome to our fourth quarter conference call.

I'll begin this morning by providing a high-level overview of our results. Following my comments, Julie Stephenson will discuss our underwriting results in more detail, and Eric Martin will discuss our financial results.

I'm pleased with our fourth quarter results as the incremental improvement in profitability, continued growth and progress we've made to deepen our expertise as well as drive operational efficiency further position UFG to deliver superior financial and operational performance over time.