FLEXPOINT FORD MAKES EQUITY INVESTMENT IN SAGESURE TO SUPPORT CONTINUED GROWTH
SageSure, one of the largest MGUs focused on cat-exposed property insurance, announced the close of a $250 million equity investment led by Amwins and Flexpoint Ford (“Flexpoint”). The investment will in part position SageSure to continue its growth as the organization surpasses $1 billion of inforce premium.
Amwins and Flexpoint are excited to partner with SageSure and to support their strategy to build underwriting capacity, expand their distribution base and enhance their technology platform. For Flexpoint, the transaction marks their latest investment supporting a growth-oriented platform in the property and casualty insurance industry.