SageSure closes $50 million expanded revolver with Wintrust Financial

By Marisa Wong

Los Angeles, March 28 – SageSure announced the close of a $50 million expanded revolving credit facility with Wintrust Financial Corp.

The funding will enable SageSure to increase underwriting capacity in the catastrophe-exposed markets it currently serves, according to a press release.

The facility will support quota share capacity with Anchor Re, a captive reinsurance vehicle, on behalf of SageSure carrier partners.

Based in New Jersey, SageSure is a provider of catastrophe-exposed property insurance.

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