Specialty underwriter SiriusPoint has partnered with property managing general agent (MGA) Steadily, one of the largest landlord insurance specialists in the US, to provide underwriting capacity.
Founded in Texas in 2020 to address gaps in rental property insurance, Steadily provides tailored insurance solutions for real estate investors and now operates across all 50 US states.
Its automated underwriting platform, reportedly purpose-built for landlord insurance, enables the MGA to deliver underwriting, quoting, and binding within minutes.
Patrick Charles, Global Head of P&C Programs at SiriusPoint, commented, “Steadily is a strong example of the type of MGA partner we look to support – focused, disciplined and highly customer-centric.”
“Their ability to deliver fast, high-quality underwriting through a purpose-built technology platform, combined with rigorous underwriting standards and real-time exposure management, sets them apart in the lessor’s risk market.
“Our partnership with Steadily aligns closely with our approach to underwriting and operational excellence, while giving us access to a short-tail property book that complements our existing portfolio.”
Datha Santomieri, Co-Founder and Chief Operating Officer at Steadily, said, “At Steadily, we are focused on building long-term relationships that enable us to deliver high-quality services and tailored solutions for our clients.”
“SiriusPoint brings deep expertise in the property and casualty space, a collaborative mindset, and a long-term approach that aligns with how we build our business. We are excited to work together to scale our program and continue delivering a best-in-class experience for our clients.”
