SageSure, a leader in catastrophe-exposed property insurance, agreed to acquire the managing general agent business of GeoVera, a residential insurance products provider. Financial terms were not disclosed. “We are excited to enter into an agreement that solidifies SageSure as one of the leading underwriters of catastrophe-exposed property risk in the US. This transaction is a rare opportunity to create significant value for employees and investors of both companies. The addition of Nesrin Basoz and the GeoVera MGA team will ensure continuity in GeoVera’s product offerings and a seamless experience for GeoVera distributors and policyholders," Terrence McLean, SageSure President and CEO.