Reinsurance News
Bishop Street Underwriters
Bishop Street Underwriters gets $125m funding from White Mountains
27th February 2026
Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has received a strategic structured capital investment of $125 million by White Mountains Insurance Group, Ltd. Recently, in its 2025 result announcement, Bishop Street disclosed that it surpassed $650 million in gross written premium while having a sub-50% portfolio loss ratio. Earlier this ... Read the full article
Bishop Street extends Kalepa partnership to support its London-based MGAs
25th February 2026
Bishop Street Underwriters has expanded its partnership with Kalepa, a specialist in AI-powered underwriting solutions, to support its London-based managing general agents (MGAs), Avid Insurance Services and Landmark Underwriting. Both companies initially partnered in 2024 with the aim of enhancing the insurance platform’s underwriting quality and execution across its MGA operations. Building ... Read the full article
Bishop Street introduces MGA incubator and expands leadership team
21st October 2025
Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has introduced Bishop Street Program Managers, an incubator designed to support the growth of managing general agents. Operating within the Bishop Street platform, the initiative will work with underwriters to develop new specialty MGAs and respond to emerging opportunities in the insurance ... Read the full article
Bishop Street Underwriters acquires London-based MGA Avid
7th October 2025
Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Avid Insurance, a niche multi-disciplined managing general agent (MGA) based in London. This acquisition, closed on October 3, 2025, with all requisite regulatory approvals, marks the latest step in Bishop Street’s ongoing strategic expansion, following the acquisitions of Landmark ... Read the full article
Bishop Street enters personal aviation insurance market with AIM’s acquisition
3rd July 2025
Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Aerospace Insurance Managers (AIM), a general aviation insurance services provider, from Hallmark Financial, in an undisclosed transaction. This acquisition marks Bishop Street’s entry into the aviation insurance market, strengthening its differentiated MGA platform with an expanded portfolio of specialized client ... Read the full article
Bishop Street completes acquisition of MGA Landmark Underwriting
21st February 2025
Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, has completed its acquisition of Landmark Underwriting, a specialty managing general agent (MGA) in the London insurance market. The deal, first announced in November 2024, marks Bishop Street’s first expansion beyond North America, further strengthening the capabilities of ... Read the full article
Bishop Street to acquire MGA Landmark Underwriting
25th November 2024
Bishop Street Underwriters, a multi-boutique insurance platform, has announced that it will acquire Landmark Underwriting, a specialty focused managing general agent (MGA) in the London Insurance market. The financial terms of the acquisition were not disclosed and it is subject to United Kingdom’s Financial Conduct Authority regulatory approval. Landmark Underwriting provides multi-disciplined ... Read the full article
Bishop Street Underwriters acquires Ethos Transactional
11th November 2024
Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Ethos Specialty’s Transactional Liability unit. Financial terms were not disclosed. This acquisition, Bishop Street noted, further strengthens its platform and expands its suite of specialised client solutions while continuing to drive strong underwriting profitability. Ethos Transactional concentrates on managing risks associated ... Read the full article
Bishop Street makes strategic equity investment in Verve Services
27th September 2024
Bishop Street Underwriters, the multi-boutique insurance platform owned by RedBird Capital Partners, has announced that it has made a strategic equity investment in Verve Services, a full-service auto insurance managing general agency (MGA). This partnership marks Bishop Street’s entry into the Specialty Private Passenger Auto sector. With this equity investment, Verve is ... Read the full article
Bishop Street enters Commercial P&C MGA market with Conifer acquisition
5th September 2024
Bishop Street Underwriters, a multi-boutique insurance platform, acquired Conifer Insurance Services, a specialty commercial managing general agency (MGA), from expanding its multiline, differentiated MGA platform, marking its entry into commercial lines. With this acquisition, Bishop Street, owned by RedBird Capital Partners, will also be expanding its multiline, differentiated MGA platform. Conifer manages ... Read the full article
Bishop Street announces joint venture with Skyward Specialty to boost differentiated MGA platform
5th September 2024
Bishop Street Underwriters, the multi-boutique insurance platform owned by RedBird Capital Partners, has announced a strategic joint venture with Skyward Specialty Insurance Group to support growth of its Differentiated MGA Platform. The joint venture is expected to accelerate Bishop Street's ability to strengthen managing general agents (MGAs) and support existing program ... Read the full article
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