▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | GreenCity | Italian Channel Awards | Italian Project Awards | ...

SageSure Expanded Markets Introduces Program’s First Dwelling Fire Product

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 Louis...

Business Wire

The program’s newest surplus lines product for primary, secondary, tenanted, and seasonal homes is now available in four coastal states.

JERSEY CITY, N.J.: 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 agent 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 550,000 policyholders, and has more than $1.7 billion of inforce 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 sagesure.com.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

Gyala: a new "Made in Italy" cybersecurity

With a proven track record in the defence field, Gyala now also brings its cybersecurity technologies to the wider enterprise audience

ITALIAN PROJECT AWARDS 2023: the best IT projects of the year, awarded

Now in its third edition, the initiative is targeted at the ICT professional world and honours projects based on innovative ideas and technologies, realised…

I3P launches the Cybersecurity Incubation Program

The I3P's initiative is promoted together with the National Cybersecurity Agency in collaboration with Leonardo and C*Sparks.

iVis Technologies enables remotely-controlled corneal telesurgery

It's based on Italian technologies the first successful intercontinental telesurgery intervention for keratoconus carried out remotely, connecting Bari…

Most read

NukuDo, a Global Leader in Cybersecurity Workforce Development, Launches…

Today, NukuDo, a global leader in cybersecurity workforce development and staffing, proudly announces the launch of its North American headquarters in…

Latin America Data Center Market Landscape Report 2024-2029 Featuring…

The "Latin America Data Center Market Landscape 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Latin American data center…

TruBridge Announces Participation in the Stifel Cross Sector Insight Conference

TruBridge, Inc. (NASDAQ:TBRG), a healthcare solutions company, today announced that management will participate in the Stifel Cross Sector Insight Conference…

AmerisourceBergen Specialty Group Provides Substitute Notice of Data Incident…

AmerisourceBergen Specialty Group, LLC (ABSG) is issuing notice to individuals who may have been impacted by a data security incident. ABSG’s parent company…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!