Latest news from SageSure in the USA;
SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, today announced its collaboration with Markel, the insurance operation within Markel Group Inc. (NYSE: MKL). SageSure Expanded Markets will distribute Markel’s insurance products first in Louisiana, South Carolina, and Texas, with more states forthcoming.
The collaboration represents strong alignment between Markel and SageSure, both of which specialize in delivering high-quality solutions for complex risks and challenging markets.
“SageSure Expanded Markets is natural fit for a trusted insurance provider like Markel that shares our passion for innovation and expertly tailored products,” said Dan Maloney, Vice President of Expanded Markets at SageSure. “We look forward to a lasting and rewarding collaboration, and we are excited for our producers to experience this insurance solution through our market-leading quoting and binding platform.”
A global specialty insurance provider since 1930, Markel leverages their vast underwriting knowledge to build programs for specialized risks. The collaboration provides access to Markel’s trusted products through SageSure’s proprietary platform where producers can quote and bind Expanded Markets products in minutes.
“We are excited to collaborate with SageSure and to be part of the continued growth of their Expanded Markets program,” said Jeff May, Executive Underwriting Officer at Markel. “We admire their commitment to serving challenging markets and look forward to being a strategic and long-term insurance provider.”
Since September 2023, SageSure Expanded Markets has been partnering with reliable third-party providers to complement the SageSure Signature product suite and to give producer partners access to more capacity. To learn more, visit sagesure.com/markel.
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