Bishop Street Underwriters, which is owned by RedBird Capital Partners, has acquired London-based managing general agent Landmark Underwriting. Landmark’s leadership team will remain in place after the deal and Sitki Gelmen continues as group CEO, David Ratledge as group MD and Deepti Janak as group CFO.
Chad Levine, CEO of Bishop Street, said: “We’re thrilled to officially welcome Landmark Underwriting to the Bishop Street family. We look forward to leveraging the team’s experience and strong industry relationships to enable the next chapter of international development for our platform. Landmark’s ability to adapt to client needs and attract the best underwriting talent will continue to fuel its growth, positioning the company as a leading MGA of choice in the global market and a complementary fit for the Bishop Street portfolio.”
Gelmen added: “This is an exciting next phase for Landmark. We are focused on bringing specialty underwriting solutions to our partners, and through this partnership, we will amplify our ability to provide leading risk solutions to top broking houses worldwide.”
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