Olympus Insurance Company

Olympus Insurance Company specializes in providing insurance solutions for homeowners in Florida, offering tailored coverage to meet the unique needs of the region's residents. Founded in 2007 in Palm Beach Gardens, US, Olympus Insurance Company focuses on delivering insurance products for Florida homeowners. The company was acquired by Pegasus Capital Advisors in June 2007, although financial details were not disclosed. The current CEOs are Steve Bitar and Tim Stroble.

Olympus Insurance provides a comprehensive suite of insurance products primarily tailored for Florida homeowners, including homeowners insurance, condo insurance, rental property insurance (Dwelling Fire), and specialized options like Scheduled Property Coverage and the Spartan Enhanced Coverage Package. The firm addresses the specific needs of clients building custom homes through its Dwelling Under Construction endorsement, covering projects up to USD 3 million in total insured value. Olympus Insurance generates revenue through insurance premiums collected from policyholders across its range of products and services. The firm engages in direct-to-consumer transactions, allowing homeowners to purchase insurance policies directly, resulting in a pricing structure that reflects the specific needs and risks associated with each property type.

Maintaining customer satisfaction is crucial for revenue stability, supported by a network of preferred agency partners throughout Florida. With the acquisition by Pegasus Capital Advisors in June 2007, Olympus Insurance is poised for growth as it explores new product offerings and potential market expansions. While specific upcoming products and their release dates have not been disclosed, the company's strategy includes targeting growth in the Florida insurance market. The recent funding will be utilized to support these initiatives, enhancing the company's capacity to meet evolving customer needs.

In January 2026, SageSure Insurance Managers, LLC, a portfolio company of Ares Management Corporation and Flexpoint Ford, acquired Olympus Insurance Company from Pegasus Capital Advisors. Financial terms of the transaction were not disclosed.