10 July 2018Insurance

Endeavour appoints Howden exec as new CEO

Lloyd’s broker and delegated authority specialist Endeavour Insurance Services has appointed Karen Allen as CEO designate.

Allen will leave her role as director for international at the Howden UK Group and join Endeavour in October.

Allen has spent almost 20 years as a broker in the Lloyd’s market specialising in international specialty casualty insurance. She has largely focused on coverholder business, working with clients in Canada and Australia.

Allen will also take the role of group managing director and assume overall responsibility for the combined broking operations of SSL Endeavour following the merger with Lloyd’s and independent specialist marine broker SSL Insurance Group.

The combined business will trade as SSL Endeavour. Allen will work alongside Endeavour founder and current CEO David Lawrence for a period as Lawrence transitions into the position of co-counder and president of the board of the combined SSL Endeavour Group.

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. Karen’s appointment will also allow me to focus on the growth strategy and integration of the combined SSL Endeavour business going forwards."

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