Brokers to bloom under JC Flowers' guidance

The merger of UK marine insurance broker SSL with Lloyd's market counterpart Endeavour was driven by the need to "get some scale".

Endeavour CEO David Lawrence told TradeWinds the deal that saw both operations combined under the ownership of investment fund JC Flowers had been brewing for a while.

"These things always take time," he said.

The merger was forged through Endeavour chairman Chris Giles' contacts in the market.