Bishop Street Underwriters Acquires Conifer Insurance Services

Core Insights - Bishop Street Underwriters has acquired Conifer Insurance Services, marking its entry into commercial lines and expanding its multi-line MGA platform [1][3] - Conifer operates in specialty lines, including small and medium-sized enterprises, hospitality, and auto dealers, presenting growth opportunities for Bishop Street [2] - The acquisition is part of Bishop Street's strategic expansion, aiming to leverage Conifer's infrastructure for geographic expansion and new product development [3][4] Company Overview - Bishop Street Underwriters, a portfolio company of RedBird Capital, focuses on partnering with MGAs and niche underwriting teams to build a differentiated platform [5] - RedBird Capital Partners manages $10 billion in assets and integrates private equity investing with a business-building mandate across financial services, sports, and media [6]