SageSure and Goosehead Partner to Launch Elevate, New Priority Coastal Asset Risk Insurer

jersey city, new jersey (PRWEB) November 8, 2022

sage surea leading provider of catastrophic property insurance, and goose heada fast-growing independent personal insurance agency, today announced the launch of a new mutual exchange. promotion To protect coastal state homeowners. Location of Elevate texas.

Distributable exclusively by Goosehead Producers registered with SageSure, Elevate Homeowners Insurance is developed, underwritten and serviced by SageSure and currently texas Where market capacity continues to tighten. Expansion of Elevate to additional coastal states is imminent.

“In launching Reciprocal Elevate, we created a custom, validated solution to a capacity challenge in a uniquely positioned market that SageSure can navigate.” terry mclean, Co-founder and CEO of SageSure. “Goosehead is a valued premier distribution partner and we are fortunate to have their commitment to continue growing the relationship. I am pleased to

SageSure was one of the first companies to build cross-exchanges for retail distributor distribution partners. Goosehead has been SageSure’s top distribution partner since 2017 and operates in 12 of SageSure’s 14 states.

“The SageSure team shares an entrepreneurial spirit of being proactive and responsive to the needs of our customers, agents and markets. Mark Millar, President and COO of Goosehead. “Our collaboration will further expand our ability to offer world-class products and superior customer service to more homeowners, especially in coastal areas. I am excited about

Configured as a mutual exchange, Elevate is owned by policyholders and operated by an experienced insurance management team. This structure ensures that the interests of customers and carriers are aligned.

“Elevate was designed with the customer first. Ed Conner, Elevate President. “Our policyholders will benefit from SageSure’s underwriting expertise, Goosehead’s unparalleled sales, distribution and expert advice, and Elevate’s best-in-class customer experience at every touchpoint of the insurance journey. We look forward to being a long-term partner in protecting our members and their homes.”

Elevate has an A, Exceptional Financial Stability Rating®. Demotech Co., Ltd., which demonstrates strong capitalization, loss reserve adequacy and a robust reinsurance program. Elevate is now texasThis includes optional private flood coverage that SageSure recently launched.Click here for details elevatein.com.

About SageSure

SageSure is an insurance-first, technology-forward management integrated agent dedicated to the catastrophe-stricken real estate market. SageSure offers over 50 competitively priced insurance products in 14 coastal states on behalf of carrier partners and serves over 400,000 policyholders. $900 million Since its founding in 2009 in active premiums, SageSure continues to be a pioneer in property and casualty insurance through its market-leading online quoting and binding platform and sophisticated risk modeling and scoring technology. For more information, please visit the following URL: sagesure.com.

About Elevate

Elevate is Goosehead’s exclusive insurance company owned by the policyholder. Founded in 2022, Elevate believes that better insurance starts with putting the customer first. Elevate is a mutual exchange managed by a team of insurance industry leaders who are passionate about building reliable products and providing best-in-class service. Rating A, Exceptional, Demotech Co., Ltd.Elevate is now texasFor more information, please visit the following URL: elevatein.com.

About Goosehead

Goosehead (NASDAQ: GSHD) is a fast growing innovative independent personal line.

Insurance agents selling products and services usaGoosehead believes the consumer should be at the center of our universe, and we should all be focused on delivering exceptional value by offering a wide range of product choices and a world-class service experience. was founded on the premise. Goosehead represents more than 150 insurers underwriting personal and small commercial risks, and its operations include 12 corporate offices and a network of 2,287 sales and contract franchise locations. . For more information, see: gooseheadinsurance.com.

Forward-Looking Statements

This press release may contain various “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. It represents SageSure’s and Goosehead’s expectations or beliefs regarding future events. Forward-looking statements are statements other than historical facts and may include statements addressing future operating, financial or business performance or Goosehead’s strategies or expectations. Occasionally, these statements use the term “could”, “could”, “will”, “should”, “expect”, “plan”, “expect” , “believe”, “estimate”, and other forward-looking words. ”, “forecast”, “project”, “probability”, “prospect”, “continue” or negation of these terms or other equivalent terms. Forward-looking statements are based on management’s current expectations and beliefs and contain material risks that could cause actual results, developments and business decisions to differ materially from those envisioned in these statements. It involves risk and uncertainty.

Factors that could cause actual results or performance to differ from expectations expressed or implied in such forward-looking statements include Elevate’s licensing in additional coastal states and Elevate’s Financial Stability Rating. including, but not limited to, SageSure’s ability to maintain ®; A, extraordinary Demotech Co., Ltd., circumstances affecting insurance companies or other parties with whom SageSure and/or Goosehead do business, the economic impact of the COVID-19 pandemic, the loss of one or more key personnel, including members of Elevate’s management team, or Inability to attract and retain talent, and in Goosehead’s case, failure to attract and retain highly qualified franchisees. These risks and uncertainties associated with Goosehead include, but are not limited to, those set forth in Goosehead’s Annual Report on Form 10-K for the final year under caption “1A. Risk Factors.” Not limited. December 31, 2021and in Goosehead’s other filings SECavailable free of charge from the Securities and Exchange Commission website at http://www.sec.gov.

If one or more of these risks or uncertainties materialize or the underlying assumptions prove incorrect, actual results could differ materially from those indicated. All forward-looking statements made by SageSure and/or Goosehead or persons acting on their behalf, and all subsequent written and oral forward-looking statements, refer to these risks and uncertainties. is explicitly qualified in its entirety by You should not place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and SageSure and Goosehead may update them in the light of new information, future developments or otherwise, except as required by applicable law. does not assume any obligation to do so.

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