Jan 2025
Conyers advised SageSure Holdings, LLC (“SageSure”) on its acquisition of GeoVera Advantage Insurance Services, LLC. The transaction includes SageSure’s investment in GeoVera Nova Holdings, Inc. (“GeoVera Nova”), which has acquired GeoVera Insurance Holdings, Ltd.’s insurance carrier businesses by way of a merger with a Bermuda subsidiary of GeoVera Nova.
SageSure is one of the largest managing general agents focused on catastrophe-exposed markets. The acquisition will enhance SageSure’s robust catastrophe risk underwriting capabilities and accelerate its entrance into new markets.
Director Chris Garrod, Senior Associate Katie Martin, along with Associates Ashley Bento and Kathleen McBeath of Conyers’ Bermuda office advised on this matter, working alongside Willkie Farr & Gallagher, New York U.S.A (U.S. Counsel to SageSure) and Appleby Bermuda (Bermuda counsel to GeoVera).