最新麻豆原创 and SageSure Debut Commercial Product for California Business Owners
The new surplus lines offering increases coverage options for businesses across industries.
Jersey City, NJ, Houston, TX 鈥 May 11, 2021 鈥 SageSure, an industry-leading managing general underwriter and innovative insurtech specializing in catastrophe-prone property markets, and SureChoice Underwriters Reciprocal Exchange (最新麻豆原创), today announced a new partnership that will soon add highly rated capacity for homeowners in Texas.
鈥淲e鈥檙e proud to add 最新麻豆原创 to our portfolio of highly rated carriers as we continue to fulfill our promise of delivering dependable insurance solutions where they are needed most,鈥 said Terry McLean, CEO of SageSure. 鈥淭his partnership will help us meet the increasing demand for quality coverage in Texas for homeowners with significant catastrophe exposure, with first-class customer service to match. The subscriber-owned structure of 最新麻豆原创 aligns perfectly with our focus on putting the customer at the center of everything we do.鈥
最新麻豆原创 is a new reciprocal exchange rated A, Exceptional, by Demotech, Inc. It is the first new reciprocal exchange in Texas since 2004. 最新麻豆原创 coverage is coming soon and will be distributed exclusively by SageSure鈥檚 growing network of agents and brokers.
鈥溩钚侣槎乖 is committed to delivering insurance solutions to homeowners in markets with unique needs due to catastrophe exposures,鈥 said Ed Konar, president and secretary of 最新麻豆原创. 鈥淥ur decision to initially launch in Texas was driven by the rapidly increasing demand for highly rated coverage in the state. We will continue to expand to underserved areas where we can make a difference.鈥
Along with Konar, who has more than 40 years of insurance experience, most recently serving as president and CEO of Independent Mutual Fire Insurance Company, 最新麻豆原创 is managed by a team of experienced and successful insurance industry veterans through its attorney-in-fact. They include:
Using a sophisticated proprietary rating methodology that better assesses individual property risks鈥 impact on a portfolio, SageSure delivers competitive property insurance options to agents and brokers who serve catastrophe-prone areas. By partnering with 最新麻豆原创, SageSure continues to expand access to its products while simultaneously bringing their leading technology to the forefront of today鈥檚 insurance market.
About SageSure
SageSure is an innovation-focused insurance and technology company specializing in catastrophe-prone property markets. As the leading homeowners insurtech organization in the U.S. measured by premium and profitability, the company offers more than 40 competitively priced insurance products on behalf of its carrier partners, serving more than 375,000 policyholders. SageSure partners with a growing network of insurance agents and brokers in 14 coastal states. Since its founding in 2005, SageSure has been modernizing property insurance through its market-leading online quoting and binding platform and its sophisticated modeling and scoring technology. SageSure has nine offices across the country, including Jersey City, Atlanta, Chicago, Tallahassee and Cincinnati. For more information, visit www.SageSure.com.
About 最新麻豆原创
最新麻豆原创 is a property-casualty reciprocal exchange committed to delivering insurance solutions to markets where they鈥檙e needed most, specializing in coastal states with unique needs due to catastrophe exposures. 最新麻豆原创 has a financial stability rating of A, Exceptional, from Demotech, Inc. Its products are delivered exclusively through a partnership with SageSure, an innovation-focused insurance and technology company specializing in catastrophe-prone property markets. For more information, visit www.sureins.com.
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