The new surplus lines offering increases coverage options for businesses across industries.

SureChoice Underwriters Reciprocal Exchange (“SURE”), a policyholder-owned reciprocal exchange, in partnership with SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, today announced the launch of its first non-admitted business owners policy (BOP) in California.

The BOP solution arrives as California contends with fewer insurance options and increasing wildfire risk. This year to date, 6,078 wildfires have burned a cumulative 977,923 acres across California, outpacing the state’s five-year average.

“By introducing the new BOP product, SURE is demonstrating its commitment to the California market,” said Ed Konar, President of SURE. “After bringing dwelling fire and surplus lines homeowners coverage to California earlier this year, the BOP program is SURE’s third solution to help address the demand for reliable coverage in the state.”

The program accommodates more than 400 business classes across eight industries, including restaurants, offices, wholesale, habitational, lessor risks, retail, service, and artisan contractors.

“SageSure is proud to partner with SURE to develop the latest BOP program and deliver solutions producers want to sell,” said Victor dos Santos, President of Commercial Insurance at SageSure. “With a market-leading buying experience and broad appetite for risk, the program can support producers in growing their book of business while offering more options to their clients.”

SURE’s BOP program is also available in Texas, Louisiana, Florida, North Carolina, and South Carolina. To learn more about SURE, visit sureins.com.

About SURE

SURE is the member-owned insurance company for reliable coastal property protection. Founded in 2021, SURE 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 300,000 policyholders and more than $970 million of inforce premium to date, SURE has grown rapidly to meet the needs of challenging markets while prudently managing exposure. As the first Texas-domiciled reciprocal since 2004, SURE is customer-focused by design and offers homeowners, dwelling fire, flood, and commercial coverage through an exclusive partnership with SageSure. SURE is rated A, Exceptional, by Demotech, Inc. and is currently available in Alabama, California, Florida, Louisiana, Mississippi, North Carolina, South Carolina, and Texas. To learn more, visit sureins.com.

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 $1.9 billion of inforce premium, 640,000 policyholders, and 800 employees across the country, SageSure is one of the largest residential property insurance MGUs in the US. To learn more, visit sagesure.com.

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