south east coastal underwriters

What south east coastal underwriters does

South East Coastal Underwriters (SECU) is a Managing General Agent founded in 2012 and headquartered at 15 Bow Circle, Hilton Head Island, South Carolina. The company specializes in placing coastal, flood, high-value, hard-to-place, and catastrophe-exposed property insurance on behalf of independent insurance agents, serving as an intermediary between agency partners and a network of carrier partners that includes Lloyd's of London syndicates and domestic/international E&S carriers. SECU earns MGA commissions for underwriting, binding, and administering coverage on behalf of these carriers, and operates exclusively through its agency channel rather than direct-to-consumer. Its product portfolio spans South Carolina homeowners markets, nationwide high-value homeowners ($1M-$18.5M dwelling limits depending on state), commercial property (up to $10M TIV, in-house authority up to $5M), flood primary and excess, condominium unit owners coverage, wind deductible buydown, builders risk (up to $20M for superior construction), contractors equipment, and other inland marine lines.

SECU's geographic footprint covers coastal states from Texas to Maine, with nationwide reach established through its Flood and High-Value Homeowners programs. The company does not disclose a proprietary technology platform; intake and distribution occur via its website (secunderwriters.com), downloadable applications, online inquiry forms, direct phone contact (866-707-6860), and a third-party bill pay tool (ePay Policy). The team consists of approximately seven listed members led by President Kassie Williams (CIC, CISR), supported by senior and new business underwriters, renewal underwriters, and underwriting assistants, many holding industry designations (CIC, CISR, CISR Elite, ANFI). Marketing relies on the company website, direct phone and email outreach, and a Trusted Choice membership for independent-agency referral visibility.

The business model is commission-based MGA revenue, with carriers paying SECU a share of premium for risk placement and administrative services. SECU is privately held with no disclosed parent company, private equity backing, institutional investment, or funding rounds, and there are no announced M&A, leadership changes beyond internal promotions and new hires, or restructuring events in the available data.

Name

south east coastal underwriters

Legal name

South East Coastal Underwriters

Website

https://secunderwriters.com

Company type

Private

Founded year

2012

Operating status

Operating

Ownership category

akta.pro rank

Product category

Specialty Property Insurance Underwriting (Managing General Agent)

NAICS

Insurance Agencies and Brokerages (52421), Finance and Insurance (52)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Managing general agent
• Coastal property insurance
• Flood insurance programs
• High-value homeowners coverage
• Catastrophe-exposed property underwriting

Headquarters

HQ city

Hilton Head Island

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Managing General Agent Commissions: As a Managing General Agent (MGA), SECU earns commissions from insurance carriers (Lloyd's of London syndicates and domestic/international E&S carriers) for underwriting and placing insurance coverage on their behalf. The company acts as an intermediary between insurance agents and insurance carriers, earning a share of premium for risk placement and administrative services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

South East Coastal Underwriters (SECU) operates as a Managing General Agent (MGA) underwriting and placing coastal, flood, high-value, hard-to-place, and catastrophe-exposed property insurance on behalf of Lloyd's of London syndicates and domestic/international E&S carriers. The company delivers its portfolio—homeowners, high-value homeowners, commercial property, flood, condo, builders risk, contractors equipment, and inland marine—exclusively through insurance agents and agencies (agency partners) who submit business for placement.

Product overview

South East Coastal Underwriters (SECU) operates as a Managing General Agent offering a portfolio of property and casualty insurance products focused on coastal, flood, high-value, hard-to-place, and catastrophe-exposed risks. The company's product suite centers on homeowners markets (including DP3, HO3, HO6, and WDBB policy types), high-value homeowners coverage, commercial property, flood insurance (primary and excess), condominium unit owners coverage, wind deductible buydown options, contractors equipment, builders risk, and other inland marine products. SECU provides these products through agency partners using a downloadable application system, with coverage available across coastal states from Texas to Maine and nationwide through Flood and High-Value Homeowners programs.

Differentiator

Problem solved

Functional benefit

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Lloyd's of London SyndicatescoreStrategic or Co-development PartnerSECU has cultivated long-standing relationships with Lloyd's of London syndicates as part of their diverse network of insurance providers. These partnerships enable SECU to deliver flexible, stable, and competitive coverage solutions to agency partners for hard-to-place coastal and catastrophe-exposed property risks.
• Domestic and International E&S CarrierscoreStrategic or Co-development PartnerSECU maintains relationships with top domestic and international E&S (Excess and Surplus) carriers alongside Lloyd's of London. These partnerships provide access to specialized coverage programs for coastal, flood, high-value, and hard-to-place property risks that are not available in standard insurance markets.
• Trusted ChoiceminorChannel Partner/ Reseller/ DistributorSECU is a member of Trusted Choice, an independent insurance agency network. The Trusted Choice logo is displayed on their website, indicating partnership in this network which provides referrals and credibility within the independent insurance agent community.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Amwins: One of the largest specialty insurance wholesalers and managing general underwriters in the US, distributing property, casualty, and professional lines through retail agents. Comparable to SECU as a specialty MGA/distributor serving retail agents with E&S market access, but at far greater scale and with broader product breadth.
• Risk Placement Services (RPS): National wholesale broker and MGA providing specialty property, casualty, and personal lines solutions to retail agents, including coastal and excess placement. Directly comparable business model to SECU as a wholesale specialty distributor serving agents on hard-to-place risks.
• IMA Financial Group: Diversified insurance brokerage holding company with specialty wholesale and MGA operations serving commercial and personal lines clients. Comparable to SECU as a specialty distribution platform, though IMA operates at significantly greater scale and breadth.
• High Street Insurance Partners: Multi-line insurance brokerage platform consolidating independent agencies with specialty and program-brokerage capabilities. Comparable to SECU as a specialty distribution channel serving independent agents, though broader in product and geographic scope.

Direct peers

• Burns & Wilcox: Specialty insurance wholesaler and MGA focused on surplus lines and hard-to-place property and casualty risks, distributing through retail agents nationally. Highly comparable to SECU as a specialty MGA acting as intermediary between agents and E&S carriers.
• CRC Group: Specialty wholesale insurance distributor and program manager offering property, casualty, and professional lines through retail agents. Directly comparable to SECU as a specialty distributor with proprietary programs and carrier partnerships serving independent agents.
• Distinguished Programs: Specialty program manager and MGA providing niche property, casualty, and environmental coverages through retail agents. Comparable to SECU as a specialty program administrator focused on hard-to-place risks and exclusive carrier relationships.
• J.M. Wilson: Managing general agency and surplus lines broker providing specialty property and casualty placement to retail agents. Comparable to SECU as a mid-sized specialty MGA distributing hard-to-place coverage through independent agents.
• Worldwide Facilities: National wholesale insurance broker and MGA specializing in commercial property, casualty, and specialty lines for retail agents. Directly comparable to SECU as a specialty distributor leveraging carrier relationships to place complex property risks.
• Brown & Riding: Specialty wholesale insurance broker and program manager providing property, casualty, and professional lines through retail agents. Comparable to SECU as a specialty MGA serving independent agents on hard-to-place accounts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/south-east-coastal-underwriters

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about south east coastal underwriters