MGA Landmark eyes more acquisitions to fuel growth

UK-based specialist managing general agent (MGA)  Landmark Underwriting has raised debt finance to fuel its growth through acquisition.

The MGA has received investment from BOOST&Co, an independent asset manager specialising in lending solutions for high-growth SMEs in the UK.

Landmark plans to use the funding to drive its future growth by investing in new lines of business, new offices in the UK and further bolstering its underwriting and leadership teams through targeted business and people acquisitions.

Landmark managing director, David Ratledge, said: “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 and I am pleased to announce that we have received investment funding from BOOST&Co, the alternative lender of growth capital for UK SMEs.”

“We have already expanded from our London H.Q. 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,” he added.

Adam Brinn, head of London and the East at BOOST&Co, said: “Our funding will be used to make several strategic acquisitions that allow the group to diversify their offering domestically and establish themselves in key International markets.”

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