JERSEY CITY, NJ – August 16, 2022 – SageSure, the insurance first, tech-forward managing general underwriter for coastal property, today announced it has been named one of the fastest-growing private companies in America in the prestigious Inc. 5000 list for the first time. SageSure was placed among the top 50 in the insurance sector for the 2022 ranking.
The Inc. 5000 ranks companies by overall revenue growth over a three-year period. With 113 percent revenue growth over three years, SageSure is one of the top 0.07% of all private companies in the US in terms of multi-year growth.
In the face of 40-year high inflation rates, extreme weather events, and a difficult labor market, SageSure achieved several key milestones in its growth in the last year. The organization’s total headcount increased by 38 percent since 2021, while written premium grew to $796 million, a 30 percent year-over-year increase.
SageSure’s track record of profitable growth is driven by its insurance-first culture that values exposure management and true technological innovation, a significant competitive advantage. The organization recently formed an in-house research and development team of climate scientists that position SageSure to lead the industry in catastrophe exposure management.
In addition to its inclusion in the Inc. 5000 list, SageSure was also recently named as one of the Best Places to Work in Insurance in 2020 and 2021 by Business Insurance, and a Best Place to Work in New Jersey by NJBIZ in 2022.
To learn more about SageSure and career opportunities, visit sagesure.com/careers.
SageSure is an insurance first, tech-forward managing general underwriter specializing in coastal residential and commercial property markets. SageSure offers more than 50 competitively priced insurance products in 14 coastal states on behalf of its carrier partners, serves 412,000 policyholders, and has more than $908 million in-force premium to date. Since its launch in 2009, SageSure has been pioneering property insurance through its market-leading online quoting and binding platform and its sophisticated risk modeling and scoring technology. SageSure distributes its products through a network of more than 11,500 insurance producers and national brokers who provide customers with expert advice on protecting their most important asset. For more information, visit sagesure.com.