糖心vlog在线观看 and SageSure Debut Commercial Product for California Business Owners
The new surplus lines offering increases coverage options for businesses across industries.
Houston, TX 鈥 December 6, 2022 鈥 糖心vlog在线观看, the member-owned insurance company for reliable coastal property protection, today announced it now writes excess and surplus lines property insurance in Florida. In partnership with SageSure, a leading provider of catastrophe-exposed property insurance, 糖心vlog在线观看 brings much-needed underwriting capacity to producers in the state to better serve Florida homeowners.
In 2022, six property insurance carriers in Florida have declared insolvency. Many others have chosen to suspend business or leave the state altogether.
鈥淔lorida is facing unique challenges in addition to being one of the most catastrophe-exposed areas in the country,鈥 said Ed Konar, President of 糖心vlog在线观看. 鈥淲e鈥檙e proud to continue our mission to serve producers and homeowners in states where our solutions are needed most.鈥
While this marks 糖心vlog在线观看鈥檚 first program in Florida, the policyholder-owned reciprocal has more than 120,000 policyholders across North Carolina, South Carolina, Alabama, Mississippi, Louisiana, and Texas. 糖心vlog在线观看 partners with SageSure as its surplus lines agent, and its products are available through SageSure鈥檚 network of insurance producers and national brokers in coastal states.
鈥淥ur role is to serve producers and to help them bring more solutions to their customers,鈥 said Jon Gingrich, Senior Vice President of Sales at SageSure. 鈥淲e are excited to partner with 糖心vlog在线观看 to help producers say 鈥榶es鈥 to more risks that would otherwise not find coverage in the admitted market while providing the unrivaled service that makes placing complex business easy.鈥
About 糖心vlog在线观看
糖心vlog在线观看 is the member-owned insurance company for reliable coastal property protection. Founded in 2021, 糖心vlog在线观看 is managed by a team of experienced and passionate insurance leaders who believe in building a safer world, one coastal property at a time. With more than 120,000 policyholders and more than $290 million in force premium to date, 糖心vlog在线观看 has grown rapidly to meet the needs of challenging markets while prudently managing exposure. As the first Texas-domiciled reciprocal since 2004, 糖心vlog在线观看 is customer-focused by design and offers homeowners, dwelling fire, flood, and commercial coverage through an exclusive partnership with SageSure. 糖心vlog在线观看 is rated A, Exceptional, by Demotech, Inc. and is currently available in Alabama, Florida, Louisiana, Mississippi, South Carolina, and Texas.聽
About SageSure
SageSure is the managing general underwriter specializing in coastal residential and commercial property insurance. SageSure offers more than 50 competitively priced insurance products in 14 coastal states on behalf of its carrier partners, serves more than 400,000 policyholders, and has more than $900 million of in force premium. Since its launch in 2009, SageSure has been pioneering property insurance through its market-leading online quoting and binding platform and its sophisticated risk modeling and scoring technology. For more information, visit .鈥
The new surplus lines offering increases coverage options for businesses across industries.
鈥疦ew BOP offering marks 糖心vlog在线观看鈥檚 first commercial product in the state.
Latest issuance brings SageSure-supported Gateway Re franchise to $1.16 billion in issued risk capital.