SageSure, a U.S.-based homeowner insurtech, recently announced the launch of its new line of commercial insurance products specifically for coastal businesses. Founded in 2005, SageSure describes itself as an innovation-focused insurance and technology company specializing in underserved property markets.
“As the leading homeowners insurtech organization in the U.S. measured by premium and profitability, we offer more than 40 competitively priced insurance products on behalf of our carrier partners, serving 300,000+ policyholders.”
SageSure also noted that it partners with a growing network of insurance agents and brokers in 14 coastal states. Speaking about the new products, Terry McLean, CEO of SageSure, stated:
“SageSure has been delivering competitive products with coastal capacity to the residential space for a decade and we’re ready to offer this same strength to small businesses with our commercial products. Insurance in underserved areas is our specialty and 100 percent of our business is designed for challenged markets. We are serving areas where many insurance carriers simply won’t do business. It’s time for us to bring our stability to the commercial space.”
Victor dos Santos, President of Commercial Insurance for SageSure, concluded:
“We are excited to announce new BOP coverage, underwritten by A.M. Best A- rated SafePort Insurance Company, to independent agents in South Carolina and soon Florida. This launch is the culmination of a wonderful team effort between SageSure, SafePort, our agents and other partners.”