ShoreOne lifts capacity with Trisura partnership

ShoreOne Insurance Managers Inc., a provider of insurance solutions for coastal homeowners, has strategically partnered with Trisura Specialty Insurance Company, increasing its capacity to homeowners in select coastal regions.

ShoreOne, founded in 2019, aims to address the coverage gap that flood-exposed coastal homeowners face.

This latest partnership with Trisura adds a third carrier partner to ShoreOne amid growing demand for capacity in the coastal homeowners and flood insurance market.

Ultimately, the collaboration between the pair increases ShoreOne’s capacity, backed by Trisura’s robust financial strength.

Bill Fuge, Partner, Kinghorn Insurance Agency, Inc., Bluffton, SC., commented, “ShoreOne is an outstanding company providing an exceptional product that gives the option for coastal homeowners to combine home and full limits flood on every policy. We’re grateful for the continued partnership.”

Cameron Rhodes, President and Chief Operating Officer at ShoreOne, added, “We take our role as stewards of insurance and reinsurance capital quite seriously and look forward to continue building on the track record we have established to date. The professional team at Trisura have been an absolute delight to work with and we are grateful to share this coastal homeowners program (including flood) with them.”

Michael Beasley, Chief Executive Officer of US Programs for Trisura, stated, “We have been very selective in our approach to Homeowners business over the last few years, and we are very excited about our new partnership with ShoreOne. We find them to be a very talented team who understands their business model very well and has a demonstrated track record of success in this space. We look forward to a long and successful partnership with the ShoreOne Team.”

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