Endeavour appoints Howden’s Allen as CEO

Lloyd’s broker and delegated authority specialist Endeavour Insurance Services is bringing in Karen Allen to be its CEO of Endeavour, a role she will take on in October later this year. Allen's 20 year career has been spent as a broker in the Lloyd’s market specialising in international specialty casualty insurance. She leaves her role as director for international at the Howden UK Group, where she has been responsible for the growth and management of the team she built over that tenure. Allen has largely focused on coverholder business, working with clients in Canada and Australia. She has also successfully developed emerging products such as cyber. As well as CEO designate of Endeavour, Allen will also take the role of group MD with immediate effect on joining. She will assume overall responsibility for the combined broking operations of SSL Endeavour following the merger with fellow Lloyd’s and independent specialist marine broker SSL Insurance Group (SSL) in a transaction that will see both companies acquired by a fund advised by private investment firm J.C. Flowers & Co. (JCF). The combined business will trade as SSL Endeavour. Allen will work alongside Endeavour current CEO David Lawrence for a period as Lawrence transitions into the position of co-founder and president of the board of the combined SSL Endeavour Group. David Lawrence said, “We are delighted that an individual of Karen’s calibre and talent will be strengthening the Endeavour management team at this pivotal moment in our growth. Whilst Karen’s underlying experience is closely akin to that of Endeavour, she will bring a new perspective to the business which we are very excited about. Karen’s successful experience managing delegated authority and Lloyd’s coverholder business as well as developing innovative new programmes makes her an ideal CEO in the near future.”

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