吃瓜福利社

Houston, TX 鈥� December 6, 2022 鈥� 吃瓜福利社, 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, 吃瓜福利社 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 吃瓜福利社. 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 吃瓜福利社鈥檚 first program in Florida, the policyholder-owned reciprocal has more than 120,000 policyholders across North Carolina, South Carolina, Alabama, Mississippi, Louisiana, and Texas. 吃瓜福利社 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 吃瓜福利社 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 吃瓜福利社

吃瓜福利社 is the member-owned insurance company for reliable coastal property protection. Founded in 2021, 吃瓜福利社 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, 吃瓜福利社 has grown rapidly to meet the needs of challenging markets while prudently managing exposure. As the first Texas-domiciled reciprocal since 2004, 吃瓜福利社 is customer-focused by design and offers homeowners, dwelling fire, flood, and commercial coverage through an exclusive partnership with SageSure. 吃瓜福利社 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�