SureChoice Underwriters Reciprocal Exchange (SURE), in collaboration with SageSure, has launched its first non-admitted business owners policy (BOP) in California.
This new BOP solution comes as California faces fewer insurance options and increasing wildfire risks. So far this year, 6,078 wildfires have burned 977,923 acres, surpassing the state’s five-year average.
The program offers coverage to over 400 business types across eight industries, including restaurants, offices, wholesale, rental properties, lessor risks, retail, service businesses, and artisan contractors.
Ed Konar, President of SURE, commented, “By introducing the new BOP product, SURE is demonstrating its commitment to the California market.”
Konar continued, “After bringing dwelling fire and surplus lines homeowners coverage to California earlier this year, the BOP program is SURE’s third solution to help address the demand for reliable coverage in the state.”
Victor dos Santos, President of Commercial Insurance at SageSure, stated, “SageSure is proud to partner with SURE to develop the latest BOP program and deliver solutions producers want to sell.”
He added, “With a market-leading buying experience and broad appetite for risk, the program can support producers in growing their book of business while offering more options to their clients.”
