About Us

About Us

kitchen with white counters and glass doors
PURE Specialty Exchange (PSE) is a domestic surplus lines reciprocal insurer dedicated to providing insurance and risk management solutions for PURE members and other responsible high net worth families with higher-risk, complex exposures that fall outside of the admitted market. 


Coverage Availability 


map of states where coverage is available


Coverage State
Homeowners and Personal Excess Liability policies Alabama, California, Florida, Georgia, Louisiana, Massachusetts, Mississippi, New Jersey, North Carolina, South Carolina
Personal Excess Liability policies only Connecticut, New York, Texas
Homeowners policies only Arizona, Colorado, Hawaii, Montana, Utah, Wyoming




A Unique Structure

PURE Specialty Exchange (PSE) is a reciprocal exchange, in which: 

  • PSE policyholders are members who agree to pool risk through the exchange of insurance contracts. 
  • Members pay a surplus contribution equal to 10% of their premium for the first five (5) policy terms of each PSE policy.  Surplus contributions help strengthen PSE’s balance sheet and reduce the cost of insurance over time 
  • Members appoint an Attorney-in-Fact to manage day-to-day insurance operations. PSE’s Attorney-in-Fact is PURE Specialty Risk Management, LLC. 
  • PSE’s underwriting profits or other surplus gains may be allocated to Member Savings Accounts held in the name of each member with an active participating policy. 
  • PSE members will access the same claims, risk management, Member Advocate and service resources as are available to PURE.   


For additional details, please review PSE’s Membership Agreement


Financial Strength


PURE Specialty Exchange is rated A (Excellent) for Financial Strength by AM Best.  Visit ambest.com to view the full rating.