US consolidator completes first abroad cope with UK MGA purchase – Insurance coverage Age

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US consolidator completes first abroad cope with UK MGA purchase – Insurance coverage Age

Bishop Road Underwriters has accomplished its acquisition of Landmark Underwriting, a specialty-focused managing normal agent primarily based in London.

The deal, which marks Bishop Road’s first funding exterior of North America, was first introduced in November; monetary phrases of the deal weren’t disclosed.

The US-based MGA consolidator and incubator backed by RedBird Capital Companions confirmed Landmark’s management crew will stay intact with Sitki Gelmen as group CEO, David Ratledge as group MD and Deepti Janak as group CFO.

Bespoke options

Based in 2017 Landmark provides a spread of bespoke insurance coverage options throughout varied courses

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