SageSure Completes Acquisition of Mass-Affluent Homeowners Focused Olympus

Business Wire

Acquisition supports SageSure’s Florida growth strategy and mass-affluent focus.

JERSEY CITY, N.J.--(BUSINESS WIRE)--
SageSure, the largest residential property MGU in the US specializing in catastrophe-exposed markets, announced today that it has completed the acquisition of Gemini Financial Holdings Corporation (“Gemini Financial”) and its Olympus subsidiaries (“Olympus”), one of the leading underwriting franchises in Florida. The transaction was originally announced on September 10, 2025, and closed on January 2, 2026.

As part of the transaction, Valence Insurance Holdings, the parent company of SageSure’s carrier partners Auros and Interboro Insurance, has acquired Olympus Insurance Company.

“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.”

As a result of the acquisition, SageSure now manages a combined ~130,000 inforce policies, ~$700 million in gross written premium, and a network of ~1,500 independent agents across the state of Florida.

In recent years, Olympus has shifted its focus to the mass affluent homeowners segment, expanding coverage offerings and building a best-in-class elite repair program.

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 long-standing capital partner Ares Management was expanded to support the acquisition.

Goldman Sachs & Co. LLC served as exclusive financial advisor to SageSure on the transaction, and Willkie Farr & Gallagher LLP served as SageSure’s legal counsel.

Evercore Group L.L.C. served as exclusive financial advisor to Gemini Financial on the transaction, and Eversheds Sutherland LLP served as Gemini Financial’s legal counsel.

About SageSure

SageSure is the largest residential property MGU in the US specializing in catastrophe-exposed markets. Dedicated to serving producers and carrier partners, SageSure provides highly differentiated residential and commercial solutions, innovative service and claims management, and market-leading buying experiences. A leader in catastrophe risk underwriting and exposure management, SageSure operates in 16 states, protects more than 970,000 policyholders, and manages more than $3.2 billion of inforce premium. For more information, visit sagesure.com.

About Olympus Insurance

Olympus Insurance Company specializes in residential property insurance, insuring residential and investment properties, including homes, condos, rental properties, and personal property. With service, simplicity, and accountability as the company’s core values, Olympus’ mission is to deliver an insurance experience that people deserve by offering customer-focused, comprehensive, and reliable property insurance to Floridians. For more information, visit olympusinsurance.com.