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SageSure completes acquisition of GeoVera Advantage Insurance Services and establishes carrier partnerships with GeoVera Nova Holdings' insurance subsidiaries

PRIVATEJan 02, 2025

Acquiring Company

SageSure

Acquired Company

GeoVera Advantage Insurance Services

Jersey CityUnited StatesInsuranceReal EstateInsurance

Description

SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, has closed the acquisition of GeoVera Advantage Insurance Services, LLC. It has also established carrier partnerships with GeoVera Nova Holdings, Inc.'s insurance subsidiaries, which include highly diversified insurance operating subsidiaries. The acquisition enhances SageSure's ability to ensure seamless service for distributors, customers, and partners, providing incredible value for policyholders, partners, and employees.

Quick answer

SageSure is acquiring GeoVera Advantage Insurance Services, announced January 2, 2025. SageSure is based in Jersey City, New Jersey, United States.

How much did SageSure pay for GeoVera Advantage Insurance Services?
The deal value was not disclosed.
What does SageSure do?
SageSure is one of the largest managing general agents focusing on catastrophe-exposed markets, offering over 50 competitively priced insurance products in 14 coastal states.
Where are SageSure and GeoVera Advantage Insurance Services based?
SageSure is based in Jersey City, New Jersey, United States. GeoVera Advantage Insurance Services is based in United States.
Who are the decision-makers at SageSure?
Fundz holds 1 contact at SageSure. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Insurance and Real Estate

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

SageSure

Location

101 Hudson Street

Jersey City, New Jersey, United States

About

SageSure is one of the largest managing general agents focusing on catastrophe-exposed markets, offering over 50 competitively priced insurance products in 14 coastal states. It serves more than 550,000 policyholders and has more than $1.6 billion of inforce premium. Since its launch in 2009, SageSure has been pioneering property insurance through its market-leading online quoting and binding platform and its sophisticated risk modeling and scoring technology.

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Frequently asked

Who acquired GeoVera Advantage Insurance Services?

GeoVera Advantage Insurance Services was acquired by SageSure, based in Jersey City. The deal was reported on January 2, 2025. SageSure is one of the largest managing general agents focusing on catastrophe-exposed markets, offering over 50 competitively priced insurance products in 14 coastal states. SageSure is privately held and operates in Insurance.

When did SageSure acquire GeoVera Advantage Insurance Services?

SageSure's acquisition of GeoVera Advantage Insurance Services was reported on January 2, 2025. SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, has closed the acquisition of GeoVera Advantage Insurance Services, LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does GeoVera Advantage Insurance Services do?

GeoVera Advantage Insurance Services, LLC. is the leading residential earthquake risk underwriting franchise. It is privately held, operating in Real Estate, and is based in United States.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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