Insight Catastrophe Group

Insight Catastrophe Group, based in Jersey City, New Jersey, was founded in 2005 by CEO Andy DiLoreto and Terrence McLean. The company provides insurance portfolio management, risk advisory, and real-time catastrophe risk analytics software for property insurance exposures, focusing on underwriting and exposure management to optimize insurer portfolios. Michael J. DiLoreto serves as COO of related Insight Specialty. Through its subsidiary, SageSure, the group also functions as a managing general underwriter, producing over $462 million in premiums in 2019 for more than 250,000 policyholders with nearly 300 employees. The core technology business operates with 11-20 employees, generating approximately $3 million in annual revenue. Its business model centers on software licensing, risk management consulting, and underwriting management services generating revenue through fees and premiums produced for carrier partners.