SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, has completed the acquisition of Gemini Financial Holdings Corporation and its Olympus subsidiaries.
In September 2025, SageSure entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, including Olympus MGA, the managing general agent for Olympus Insurance Company.
Olympus Insurance Company specialises in residential property insurance, insuring residential and investment properties, including homes, condos, rental properties, and personal property.
As part of the transaction, Valence Insurance Holdings, the parent company of SageSure’s carrier partners Auros and Interboro Insurance, acquired Olympus Insurance Company.
Following the acquisition, SageSure now manages a combined total of approximately 130,000 in-force policies, around $700 million in gross written premium, and a network of approximately 1,500 independent agents across Florida.
“SageSure is proud to join forces with Olympus and build on its success in the Florida admitted homeowners market,” said Terrence McLean, President and CEO of SageSure. “This milestone enables our businesses to leverage complementary capabilities and drive growth in the mass affluent homeowners segment. Together, we’ll continue to deliver market-leading, highly differentiated solutions for our customers.”
Tim Stroble, CEO of Olympus Insurance, said, “Olympus is excited to have found a strategic partner in SageSure, whose catastrophe risk underwriting capabilities and innovative solutions we’ve long admired. With SageSure’s support, we look forward to continuing to exceed customer expectations and accelerate our growth in the evolving Florida market.”
SageSure’s existing debt facility with its capital partner Ares Management was expanded to support the acquisition.
Goldman Sachs & Co. LLC served as exclusive financial advisor to SageSure, with Willkie Farr & Gallagher LLP acting as legal counsel.
Evercore Group L.L.C. served as exclusive financial advisor to Gemini Financial, with Eversheds Sutherland LLP as legal counsel.
