SageSure to acquire Gemini Financial and Olympus.

SageSure, a US-based managing general underwriter specializing in catastrophe-exposed property, agreed to acquire Gemini Financial, a premiere investment company, and Olympus Insurance Company, an insurance company. Financial terms were not disclosed. “It takes extreme discipline, strategy, and differentiation to succeed in the Florida market of the last several years as Olympus has. 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. What’s even more impressive is that Olympus was able to deliver these results prior to Florida’s recent legislative changes. We look forward to continuing Olympus’ winning strategy together,” Terrence McLean, SageSure President and CEO.