Demotech-rated SureChoice Underwriters (SURE), a policyholder-owned coastal insurer, has launched its surplus lines homeowners insurance products in California, in partnership with managing general underwriters SageSure.
With this new insurance solution, SURE is the first Demotech-rated carrier to offer surplus lines homeowners insurance in the California market.
Demotech became the financial analysis firm of choice for regionally focused and speciality insurers since it became the first to review and rate independent regional and speciality insurers in 1989.
Joseph L. Petrelli, President, Demotech, commented: “Demotech is proud to leverage our nationally recognized experience and capabilities to identify financially stable insurers.
“For decades, Demotech has been the trusted financial analysis firm for insurers that serve challenging regions. We are excited to see SURE and SageSure bring their expertise to this market.”
