SageSure

SageSure

Specialized insurance for high-risk coastal areas

About

SageSure offers insurance coverage for homeowners and small businesses in high-risk coastal areas, focusing on regions often neglected by traditional insurers. The company provides tailored insurance products that address the unique challenges of these markets, particularly those affected by natural disasters like hurricanes and floods. SageSure stands out due to its experienced team and commitment to serving underserved markets with competitively priced, high-quality insurance solutions. The goal is to ensure clients in these areas have access to reliable protection.

Company Stage

Debt Financing

Employees

501-1,000

Industries

Social Impact, Financial Services

Total Funding

$800M

Headquarters

Jersey City, New Jersey

Founded

2009


Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of GeoVera expands SageSure's offerings to include earthquake insurance.
  • Increased demand for catastrophe bonds aligns with SageSure's active market participation.
  • Rising remote work trends present opportunities for new home office insurance products.

What critics are saying

  • Integration challenges from GeoVera acquisition may impact operational efficiency.
  • Increased competition in coastal insurance could affect SageSure's market share.
  • Collaboration with Markel may increase risk exposure in high-risk areas.

What makes SageSure unique

  • SageSure specializes in high-risk coastal markets, often overlooked by traditional insurers.
  • The company uses advanced technology for accurate risk assessment and competitive pricing.
  • SageSure offers over 50 insurance products through a vast network of 11,400 producers.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

2%

Benefits

Fully stocked cafés with free snacks and beverages

Lounges with shuffleboard, billiards and board games

Access to in-office gyms

Organized and ad hoc social events

Medical (HSA, EPO, PPO)

Dental

Vision

401(k) with company match

Profit-sharing bonus program

Life insurance

Short-term and long-term disability

Up to 160 hours of paid time off per year, plus floating holidays

Paid holidays

8 hours of volunteer time off per year

Gym reimbursement

Tuition reimbursement toward education, licensing and certifications

Employee assistance program with access to free and confidential counseling

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