JERSEY CITY, NJ – May 14, 2024 – SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, today announced the launch of its first Expanded Markets surplus lines dwelling fire product in Louisiana, New Jersey, South Carolina, and Texas.

The latest Expanded Markets offering is developed to meet the increased demand for fire dwelling products in coastal states. According to the latest US Census figures, more than 34.8 percent of housing units were renter-occupied, with even higher concentrations in coastal areas, representing a significant market for secondary, tenanted, and seasonal home coverage.

“The addition of the DP3 product to the SageSure Expanded Markets program demonstrates our commitment to identifying and meeting demand in coastal states,” said Dan Maloney, Vice President of Expanded Markets at SageSure. “Dwelling fire products are one of the most requested by producers in our markets. We are excited to offer this new solution to help our partners grow their book of business and meet the needs of their clients.”

Launched in 2023, the SageSure Expanded Markets program leverages third-party products to complement the SageSure Signature product suite. Expanded Markets provides access to highly rated capacity with broader eligibility criteria in some of the most challenging markets in the US.

“SageSure is proud to deliver the products our producers want to write and the experience they deserve,” said Terrence McLean, President and CEO of SageSure. “We look forward to introducing Expanded Markets to more markets in the future.” To learn more, visit sagesure.com/besure/expanded-markets/.

About SageSure
SageSure is the managing general underwriter pioneering ways people protect their American Dream. A leader in catastrophe-exposed property insurance, SageSure was founded in 2009 to deliver reliable products, exceptional customer experiences, and strong underwriting results in challenging insurance markets. SageSure currently operates in 14 states and provides home, flood, and commercial coverage on behalf of its highly rated carrier partners. With more than $1.4 billion of inforce premium, 500,000 policyholders, and 670 employees across the country, SageSure is the largest residential property insurance MGU in the US. To learn more, visit sagesure.com.

###
Media Contact:
Walker Sands
sagesure@walkersands.com