The distribution will occur initially in Louisiana, South Carolina, and Texas, whilst both companies plan to expand to additional states in the future.
SageSure stated that this partnership aligns with both companies’ expertise in facilitating tailored solutions for complicated risks in challenging markets.
Markel, has operated in specialty insurance since 1930, bringing underwriting expertise and offering programmed for tailored risks. Through the partnership, producers will be able to quote and bind expanded-markets products through SageSure’s platform in minutes.
Dan Maloney, VP of Expanded Markets at SageSure, commented, “SageSure Expanded Markets is natural fit for a trusted insurance provider like Markel that shares our passion for innovation and expertly tailored products. 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.”
Jeff May, Executive Underwriting Officer at Markel, added, “We are excited to collaborate with SageSure and to be part of the continued growth of their Expanded Markets program. We admire their commitment to serving challenging markets and look forward to being a strategic and long-term insurance provider.”
