How One MGU Grew Fivefold When Capacity Fled Cat-Prone Property Markets
"There was nobody there."
That was part of the simple answer Terrence McLean, chief executive officer of SageSure, provided when asked ...
SageSure News
SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida
In a three-way deal involving carriers, underwriters, holding companies and more, catastrophe-focused managing general underwriter SageSure announced it will acquire the managing general agent for ...
Industry Vets Bonneau and Bredahl Lead ‘Novel’ HoldCo.; Supports MGU Biz
The former chief executives of Partner Re and Howden Tiger are joining two other industry veterans to form a company, which they describe as "an independent holding company that oversees carriers ...
MGAs and Fronting Companies: Exploring the New ‘Asset-Light’ Frontier
Premiums underwritten by U.S. managing general agencies not affiliated with insurance companies reached $33 billion in 2022, and fronting companies wrote another $13 billion in the same year, a new ...
SageSure Secures $250M in Equity Financing from Amwins, Flexpoint
SageSure, an independent managing general underwriter focused on providing catastrophe-exposed property insurance, announced the close of a $250 million equity investment led by Amwins and Flexpoint ...
Louisiana Blueprint: How to Repair Florida’s Home Insurance Market
Florida's home insurance market has been in crisis for years, and recent tort reform aims to reduce claims costs by putting an end to frivolous lawsuits, a welcome development in a state where ...
The Latest Launches From SageSure, Falcon Risk Services, CerebrumX Lab
SageSure, a provider of catastrophe-exposed property insurance, and Goosehead, an independent personal lines insurance agency, announced the launch of a new reciprocal exchange, Elevate, to protect ...
Executives on the Move at SageSure, Everest Insurance, R&Q
MGU SageSure has appointed John Lummis as executive vice president of Capital and Risk Management. Lummis brings more than 25 years of experience in senior executive, advisory and investment roles ...
Tech Bytes: New Partnerships at Blink Parametric, Duck Creek, SageSure and Hippo
InsurTech company Blink Parametric announced its partnership with AwayCare, a managing general agent (MGA) and provider of travel insurance products in Canada. The coverage will be underwritten by ...