Risk Theory launches Jupiter Platinum Home

Risk Theory has soft-launched Jupiter Platinum Home, a primary excess and surplus lines homeowners product for high-net-worth properties in California.

The program covers homes with dwelling limits starting at $750,000 and total insured values of up to $25 million, including properties with significant wildfire exposure and homeowners facing wildfire-related non-renewals. Capacity is provided by an A.M. Best-rated A- VIII carrier.

Select retail agents will begin onboarding over the next several weeks, followed by a broader rollout later this summer. Agents can quote, bind and issue policies through an online portal, while claims will be handled by Risk Theory’s in-house Applied Claims Group.

The launch expands Risk Theory’s high-net-worth homeowners lineup in California. In February 2025, the company introduced Jupiter Excess, offering up to $10 million in excess coverage above the California FAIR Plan. It expanded that product in December 2025 to follow form over all homeowners policies with a $3 million threshold.

Risk Theory is the exclusive distribution partner for Jupiter Platinum Home.

“We have a wide and robust appetite for risk. Neither the admitted market nor other E&S products are solving for homes with significant wildfire exposure, complex risk profiles, or clients coming off a wildfire-related non-renewal — and that is exactly the gap Jupiter Platinum Home was built to close. Every policy we write is one more family off the CA FAIR Plan and into real coverage, not just the bare minimum. We built the portal so agents can get a quote without jumping through hoops, and we back it with our in-house claims team, Applied Claims Group, so coverage actually holds up when a client needs it most. We are not just tolerating wildfire risk. We are designed for it.” – Jessica Furrow-Young, executive vice president at Risk Theory.