ShoreOne is now active
MA-based MGA ShoreOne announced its official launch. Founded in 2019, the company combines traditional homeowners insurance with full flood coverage in a single policy.
ShoreOne’s platform, developed in partnership with Focus Technologies, enables agents to issue a complete policy in “under one minute” and the pricing plan incorporates geospatial features with individual risk characteristics. ShoreOne inspections validate policyholder information, verify that coverage is adequate, and identify any immediate hazards that a homeowner should address.
“Home is a family’s greatest asset and protecting that is extremely rewarding. It is exciting to be part of a team who has developed a solution for so many uninsured and underinsured coastal homeowners.” – Nick Steffey, CEO, ShoreOne.
ShoreOne will start in South Carolina, a state exposed to significant flood risk.