SageSure Approved as Lloyd’s Coverholder and Delegated Claims Administrator, Expands Catastrophe-Exposed Homeowners Coverage\n\nSageSure, a prominent managing general underwriter (MGU) focusing on catastrophe-exposed US markets, has secured approval as an official Coverholder and Delegated Claims Administrator (DCA) by Lloyd’s of London, the world’s leading marketplace for insurance and reinsurance. This approval enables SageSure to underwrite policies issued by Trium Syndicate 1322 at Lloyd’s, initiating a new homeowners program in several states.\n\nAs a Coverholder, SageSure will now underwrite policies issued by Trium Syndicate 1322 at Lloyd’s, which holds an “A+” (Superior) rating from AM Best. The binding authority agreement specifically tasks SageSure with developing a portfolio focused on homeowners business within catastrophe-exposed regions. Beyond its underwriting role, SageSure’s DCA status is designed to enhance the claims experience for both syndicates and policyholders.\n\nTerrence McLean, President and CEO of SageSure, commented on the development: “Becoming a Lloyd’s Coverholder and Delegated Claims Administrator is a significant milestone for SageSure. We are excited to partner with Trium Syndicate 1322 at Lloyd’s with the approval of a marketplace our producers and policyholders trust.” The company anticipates that this new binding authority will strengthen its operational capabilities and allow for a substantial expansion in capacity, supported by Lloyd’s global reputation and financial stability.\n\nTrium leaders also expressed optimism about the partnership. Dave Rock, Trium Chief Claims Officer, stated: “Trium is thrilled to partner with SageSure to deploy specialized risk capacity and innovative claims services in underserved insurance markets. We look forward to a strong partnership that enhances the policyholder experience with accurate and efficient claims handling and superior customer service.”\n\nBrandon Beauregard, Trium’s Chief Underwriting Officer for Property, added: “Our partnership with SageSure brings together deep underwriting expertise and broad market access, enabling us to expand and diversify our catastrophe property portfolio. By combining SageSure’s distribution strength with the global credibility of Lloyd’s Syndicate 1322, we’re delivering meaningful capacity and resilience to underserved, high-risk markets.”\n\nSageSure’s new homeowners program, underwritten through Trium Syndicate 1322 at Lloyd’s, is currently available in Louisiana, New York, North Carolina, South Carolina, and Texas. SageSure operates in 16 states, protects over 890,000 policyholders, and manages more than $2.6 billion in inforce premium, positioning itself as a leader in catastrophe risk underwriting and exposure management.