Sun, Dec 22 2024
Leading managing general underwriter (MGU) SageSure and Auros Reciprocal Insurance Exchange have partnered to provide better homes insurance options in Louisiana and Mississippi.
The action is intended to alleviate these areas' high demand and restricted supply.
The objective is to broaden SageSure's product line for producers and policyholders in the Southeast and Gulf regions, where there are still few choices for homes' insurance.
As part of its mission to help neglected markets, the firm seeks to offer dependable and consistent insurance solutions in regions vulnerable to natural catastrophes.
It supports a number of reciprocal exchanges and insurance products that are especially made to satisfy the demands of areas with high risk.
Auros Reciprocal Insurance Exchange is a Mississippi-based property insurance company set up as a reciprocal insurance exchange.
It offers a customer-centric strategy that prioritizes alignment between members' requirements and operational plans, and unlike typical insurers, it is owned by its policyholders.
The goal of this approach is to maximize results for all parties involved, including distribution partners and policyholders.
Through this collaboration, SageSure strengthens its position in the insurance industry and provides much-needed capacity to neglected areas in the Southeast and Gulf.
According to Terrence McLean, president and CEO of SageSure, the company is thrilled to have Auros as one of its highly regarded insurance carrier partners. "Auros brings much-needed capacity to Louisiana and Mississippi, where there is a high demand for homeowner solutions and a lack of available options." With the introduction of Auros, SageSure will be able to fulfill its commitment to producers by offering dependable, consistent goods while expanding its premium business.
Auros Risk Management President Ed Konar said, "We make every decision with our policyholders’ best interests in mind," and he expressed gratitude for the partnership. We think that when interests are aligned, members, partners, and the markets we serve benefit. We appreciate the Mississippi Insurance Department and SageSure's collaboration in introducing Auros to the market.
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