London-based Landmark Underwriting has entered the Canadian market, with the expansion to be led by newly hired non-executive director Fergus Meldrum (pictured).
“It is an honour to be asked to join Landmark, after seeing the group’s successes and growth over just a few short years,” stated Meldrum, the industry veteran who is making the switch from NFP Canada to head Landmark’s new office in Toronto.
“The move into Canada comes at the right time for this established MGA group and into the mature Canadian marketplace, experience and capacity will bring our brokers a dynamic alternative market to present clients who are seeking their insurance solutions. I look forward to working with Ross Lazaroo-Hood and the board assisting them with their growth plans in Canada.”
Landmark Canada is licensed to carry on business in Ontario, having obtained the Registered Insurance Brokers of Ontario license. The unit intends to become licensed in all Canadian provinces and territories over the next couple of months.
Commenting on the specialist managing general agent’s expansion, group chief executive Ross Lazaroo-Hood said: “I am excited to be welcoming Fergus Meldrum into the Landmark Group and to our newly independently regulated branch in Toronto, which represents another important step in our controlled expansion.
“Fergus is well-known and highly regarded in the Canadian financial sector and brings huge expertise plus experience. We will be announcing our upcoming product lines over the course of the coming weeks, which will only strengthen our offering to our brokers and markets as we develop our focus on our Canadian strategic initiatives.”