Overview
Sertis is a multifamily property and casualty MGA writing commercial coverage for professionally managed apartment portfolios across 34 US states. The company distributes through independent insurance brokers and agents and is backed by Accelerant, an AM Best A-rated non-admitted carrier.
Sertis underwrites property, general liability, equipment breakdown, crime, and wind coverages through a proprietary risk assessment platform built on data from digital property management systems. The platform draws on millions of data points to generate pricing models and underwriting guidelines for multifamily risks, replacing manual processes with data-driven decisions.
The company raised USD 3.2M in seed funding in March 2024 from JLL Spark Global Ventures, InsurTech NY, and BrokerTech Ventures. Founded in 2022, Sertis has expanded from 15 states to 34 states and plans full national coverage by end of 2026.
Products & Services
Multifamily Insurance Program
Insurance solutions for professionally managed apartment portfolios, with three coverage options.
Key Features
- Package: Combined property and general liability
- Monoline General Liability: Standalone GL with limits up to USD 2M/USD 4M
- Monoline Property: With equipment breakdown protection, limits up to USD 45M per location
- Additional coverages: Crime, Wind, Equipment Breakdown
Target Users: Owners and operators of garden-style apartment buildings, mixed-use multifamily properties, active senior housing, subsidized housing, and student housing.
Distribution: Independent insurance brokers and agents across the US
Risk Assessment Platform
Proprietary technology integrating data from leading digital property management systems to support underwriting decisions for multifamily properties.
Key Features
- Integration with digital property management platforms (including Andersen Consulting)
- Risk-accurate pricing models based on property management data
- Automated underwriting guidelines for multifamily risks
Target Users: Internal use supporting underwriting operations
Distribution: Internal platform supporting broker-distributed products