2009

• SageSure writes its first policy for IAT Insurance Group.

2021

• SageSure sponsors SureChoice Underwriters Reciprocal Exchange (SURE) to write homeowners insurance in coastal Texas. Ed Konar, former CEO of Independent Mutual Fire insurance Company, leads the attorney-in-fact.

2022

• SURE expands. After first launching a commercial insurance product for small- and medium-sized Texas businesses in June, SURE starts offering BOP in Louisiana in September. SURE also announces transfer of more than 14,000 FedNat Insurance Company homeowners policies in South Carolina in July. In August, SURE announces that it will write North Carolina homeowners. In November, SURE announces the introduction of an admitted, proprietary residential flood program, initially available in Texas, with plans to expand to other states.

• SageSure sponsors a second reciprocal, Elevate Reciprocal Exchange, making admitted homeowners coverage available exclusively through insurance agency Goosehead in Texas and other coastal states. Konar leads this reciprocal also.

2023

• SageSure premium milestone. In June, SageSure surpasses $1 billion of in-force premium, serving 14 states with 11 carrier partners.

• SURE expands commercial writings with commercial property and BOP offerings in South Carolina.

2024

• SURE in California. SURE and SageSure unveil a surplus lines homeowners insurance offering in California, making SURE one of the first Demotech-rated insurers in the state to offer this.

• SageSure announces intention to acquire GeoVera Advantage Insurance Services in April. The transaction establishes SageSure’s partnership with GeoVera’s insurance carriers, providing residential earthquake capacity in California, Oregon and Washington, and E&S homeowners, commercial habitational and residential wind capacity in Florida.

• SageSure also takes a non-controlling interest in GeoVera Nova Holdings, a new holding company overseeing growth and management of four property operating subsidiaries: GeoVera Insurance Co.; GeoVera Specialty Insurance Co.; Coastal Select Insurance Co., formerly operated as part of GeoVera Holdings; and SafePort Insurance Co. (already a SageSure carrier partner). Controlling shareholders include: Andrew DiLoreto, who co-founded a predecessor technology company of SageSure—Insight Catastrophe Group—with McLean in 2005; IAT Insurance Group, SageSure’s first carrier partner. Former GeoVera Holdings CEO John Forney is tapped to lead.

• SageSure announces new carrier partner, Interboro Insurance Company, inking program administrator and claims services agreements with the Long Island, N.Y., insurer writing in New York and a handful of Southern states. On the same day, American Coastal announces the sale of Interboro to Forza Insurance Holdings, then the owner of the attorneys-in-fact of SURE and Elevate, completing ACIC’s exit from the personal lines business.

• SURE expands in California, debuting its first non-admitted BOP in September.

• SageSure sponsors third reciprocal insurance exchange, Auros Reciprocal Insurance Exchange, bringing more homeowners insurance in Mississippi and Louisiana.

2025

• SageSure announces agreement to acquire Gemini Financial Holdings Corporation and its subsidiaries, including Olympus MGA Corp., a leading Florida property insurer MGA. As part of the deal, Valence Insurance Holdings, will acquire Olympus Insurance and captive reinsurer Radiant, Ltd.