{"id":2673,"date":"2025-09-10T11:30:19","date_gmt":"2025-09-10T11:30:19","guid":{"rendered":"https:\/\/beijingcareer.com\/?p=2673"},"modified":"2025-09-10T18:24:13","modified_gmt":"2025-09-10T18:24:13","slug":"sagesure-enters-agreement-to-acquire-gemini-financial-and-subsidiaries","status":"publish","type":"post","link":"https:\/\/beijingcareer.com\/index.php\/2025\/09\/10\/sagesure-enters-agreement-to-acquire-gemini-financial-and-subsidiaries\/","title":{"rendered":"SageSure enters agreement to acquire Gemini Financial and subsidiaries"},"content":{"rendered":"

SageSure has entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, including Olympus MGA, the managing general agent for Olympus Insurance Company.<\/p>\n

\"\"The transaction is expected to close in the first quarter of 2026, subject to the receipt of required regulatory approvals and other customary closing conditions.<\/p>\n

As part of the deal, Valence Insurance Holdings, the parent company of SageSure\u2019s carrier partners Auros and Interboro Insurance, will reportedly acquire Olympus Insurance and captive reinsurer Radiant, Ltd.<\/p>\n

SageSure noted that the strategic acquisition will enhance its position in the Florida property insurance market, resulting in a combined ~130,000 inforce policies, ~$700 million in gross written premium, and a network of ~1,500 independent agents across the state.<\/p>\n

Terrence McLean, President and CEO of SageSure, added, \u201cIt takes extreme discipline, strategy, and differentiation to succeed in the Florida market of the last several years as Olympus has.<\/p>\n

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\"Brit<\/a><\/div>\n<\/div>\n

“With a management team committed to serving the specific needs of the mass-affluent homeowners segment, a highly differentiated claims experience, and a track record of exceptional financial performance, Olympus is a strong strategic fit for SageSure.<\/p>\n

“What\u2019s even more impressive is that Olympus was able to deliver these results prior to Florida\u2019s recent legislative changes. We look forward to continuing Olympus\u2019 winning strategy together.\u201d<\/p>\n

Tim Stroble, CEO of Olympus, noted, \u201cOur company\u2019s purpose is to deliver the superior insurance experiences people deserve, and we see that mission reflected in SageSure\u2019s market leadership.<\/p>\n

“We are excited for this new chapter with SageSure that will further enhance Olympus\u2019 performance, growth, and stability in one of the most complex insurance markets in the US.\u201d<\/p>\n

The post SageSure enters agreement to acquire Gemini Financial and subsidiaries<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

SageSure has entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, including Olympus MGA, the managing general agent for Olympus Insurance Company. The transaction is expected to close in the first quarter of 2026, subject to the receipt of required regulatory approvals and other customary closing conditions. As part of the deal, […]<\/p>\n","protected":false},"author":1,"featured_media":2675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts\/2673"}],"collection":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/comments?post=2673"}],"version-history":[{"count":3,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts\/2673\/revisions"}],"predecessor-version":[{"id":2677,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts\/2673\/revisions\/2677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/media\/2675"}],"wp:attachment":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/media?parent=2673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/categories?post=2673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/tags?post=2673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}