Luis Miranda Casañas (Oct 1937 - January 7, 2019), a native of Santana barrio, in Arecibo, Puerto Rico, was the Chairman of the Board of Universal, the largest insurance group in Puerto Rico, which he founded in 1998.
[1][2] He is credited, during his long career with Universal, as being the driving force behind the emporium's gradual but steady expansion into diverse lines of business and of successfully surviving banking's incursion into the insurance business.
[3] A graduate of the University of Puerto Rico Río Piedras campus School of Business Administration,[3] his professional career in the insurance business began in 1957 as an underwriting trainee.
In 1959, he founded his own company, and in 1983 founded the Eastern America Insurance Agency, the cornerstone of the Universal Insurance Group, which in 2004 began its mainland United States expansion and now has operations in Arizona, California, Florida, Hawaii, Nevada, South Carolina and Texas, and had reached $1.4 billion in total assets by 2008.
Miranda was a member of the prestigious Caribbean Business Hall of Fame, and one of only 22 businessmen to obtain the annual Lifetime Achievement Award instituted in 1988.