Landmark Underwriting, a specialist managing general agent headquartered in London, is now ready to grow further via the acquisition route after raising debt financing from BOOST&Co.
“The founders of the group – Ross Lazaroo-Hood, Sitki Gelmen, and David Robinson – have spent the last two years setting out growth plans for the specialist independent MGA,” said Landmark managing director David Ratledge, “and I am pleased to announce that we have received investment funding from BOOST&Co, the alternative lender of growth capital for UK SMEs.”
According to Ratledge, the company will be investing in new lines of business and new offices in the UK, as well as making targeted business and people acquisitions to bolster Landmark’s underwriting and leadership teams.
He highlighted: “We have already expanded from our London HQ to Lyon, Toronto and the newest office being Hamilton in Bermuda to establish a global footprint allowing us to offer risk management on a global scale.”
BOOST&Co London and the East head Adam Brinn added that the funds will be used to finance “several strategic acquisitions that allow the group to diversify their offering domestically and establish themselves in key international markets” during what he described as a “transformational” time for Landmark.
