Who Is Annex Risk?
Annex Risk is a technology-driven managing general agent (MGA) founded in 2019 that focuses on high-risk homeowners and flood insurance. Using algorithmic underwriting and E&S capacity, its digital platform lets independent agents quote and bind multi-peril homeowners coverage—often for properties standard carriers decline—in under two minutes. Annex also offers supplemental flood insurance to fill gaps left by standard policies. The company works with over two thousand retail agents and concentrates on coastal and catastrophe-exposed markets.
For Better Choice Insurance Group, Annex provides a market for hard-to-place and coastal homeowners risks, including Tier 1 and Tier 2 wind-exposed properties. Because underwriting and binding happen digitally in minutes, we can deliver options quickly for clients whose homes fall outside standard admitted appetite. Annex focuses on closing coverage gaps from Texas up the Eastern Seaboard, pairing its homeowners capacity with supplemental flood to give property owners fuller protection.
What They’re Known For
- High-Risk Homeowners: Multi-peril homeowners coverage for properties that standard carriers often decline.
- Coastal & CAT Exposed: Specializes in Tier 1 and Tier 2 wind-exposed and coastal properties.
- Two-Minute Bind: Algorithmic underwriting lets agents quote and bind coverage in under two minutes.
- Supplemental Flood: Offers supplemental flood coverage to close gaps left by standard policies.
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Where We Write Annex Risk Insurance
Better Choice Insurance Group offers Annex Risk coverage to clients across our service areas:
- Illinois: St. Charles, Naperville, Chicago, Aurora, Schaumburg
- Texas: San Antonio, Dallas, Houston, Austin, Fort Worth
- Indiana: Indianapolis, Carmel, Fishers
- Minnesota: Minneapolis, St. Paul, Bloomington