SageSure, a managing general underwriter that uses technology to profitably write residential coastal properties for a handful of carriers, might entertain more carrier partnerships—but only with carriers that keep their hands off underwriting and pricing.

Having written its first policy for IAT Insurance Group in 2009, SageSure’s Chief Executive Officer Terrence McLean boasts a 10-year record of profit for the carrier partners and stability for agents and customers. “We have never taken a double-digit rate increase” and rarely shut business down, McLean said.