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September 11, 2025

Willkie is representing SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, in its acquisition of Gemini Financial Holdings Corporation and its subsidiaries, including Olympus MGA Corp., one of the top underwriting franchises in Florida.

On September 10, SageSure announced that it entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, enhancing SageSure’s position in the Florida insurance market. Olympus MGA is the managing general agent for Olympus Insurance Company, a leading Florida property insurer that serves the mass-affluent homeowners segment. 

As part of the transaction, Valence Insurance Holdings, the parent company of SageSure’s carrier partners Auros and Interboro Insurance, will acquire Olympus Insurance and captive reinsurer Radiant, Ltd.

A leader in catastrophe risk underwriting and exposure management, SageSure operates in 16 states, protects more than 850,000 policyholders, and manages more than $2.5 billion of inforce premium.

The Willkie team is led by Michael Groll and Thomas Spencer with associates Mark Vible, Johana Borjas-Pavon and Esther Shon.

 
Michael Groll
Michael Groll Senior Counsel Insurance - Transactional and Regulatory
Mark Vible
Mark Vible Associate Corporate & Financial Services
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Seunghye Shon Associate Corporate & Financial Services