(Image source: Sertis homepage.)
Sertis (Reno, Nev.) a managing general agent serving the multifamily insurance market, has announced its expansion into 32 states across the U.S. The company characterizes the move as marking a significant step in transforming the insurance landscape for brokers and agents, while significantly benefiting property owners with more stable and affordable insurance.
Sertis leverages proprietary risk assessment technology integrated with a prominent property management platform to enable brokers and agents to provide competitively priced, risk-accurate insurance coverage and unifies property management across multiple locations. Property owners gain immediate visibility into their property managers’ activities in a single dashboard, a company statement says.
Sertis seeks to simplify the provision of master insurance programs for brokers and agent in a way that is especially beneficial to clients with distributed properties. The company is offering multifamily property, general liability, and equipment breakdown coverage to property owners with garden-style apartment buildings and plans to expand to provide comprehensive coverage to many other types of structures.
The company reports that its multifamily insurance products are now available in 32 states, including Arizona, Colorado, Connecticut, Delaware, District of Columbia, Georgia, Idaho, Illinois, Indiana, Kentucky, Maine, Maryland, Michigan, Minnesota, Montana, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, Virginia, Washington, Wisconsin, and Wyoming. Sertis plans a full national expansion to be completed by 2026.
Significant Stride in Mission to Revolutionize Multifamily Insurance
“Our continued expansion is a significant stride in our mission to revolutionize multifamily insurance in the U.S.,” says Mark Gardella, CEO, Sertis. Our advanced technology and property management platform equips brokers and agents to overcome long-standing challenges of premium affordability and stability, ensuring top-tier coverage for professionally managed properties.”