Bishop Street Completes Landmark Underwriting Acquisition

Bishop Street Underwriters, a portfolio company of RedBird Capital Partners, has successfully completed its acquisition of Landmark Underwriting, a key player in the specialty managing general agent (MGA) space based in London. The acquisition marks Bishop Street's strategic expansion outside North America and strengthens its global underwriting platform. The deal enhances Bishop Street's capabilities by integrating Landmark's specialized team, which has a strong footprint in the UK, Europe, and Asia Pacific. Landmark, established since 2017, is known for bespoke insurance solutions across various sectors like Professional Indemnity, Property, and Marine, and now plans further expansions. The leadership team of Landmark will remain intact under the new ownership, ensuring a smooth transition. Remarks from Bishop Street and Landmark leaders reflect a positive outlook for future growth and international market penetration leveraging combined resources and expertise. RedBird Capital's involvement underscores their strategy of expanding through multi-jurisdictional growth and strategic acquisitions, complementing their robust financial services portfolio.