December 18, 2017
Lloyd’s broker and delegated authority specialist Endeavour Insurance Services has named Chris Giles as its non-executive chairman.
Giles founded brokers PIB and EC3 Brokers and was also previously CEO of UK broker Giles.
Endeavour said Giles’ appointment forms part of its wider acceleration strategy, which involves proactively expanding into new areas of risk and investing in innovative technology to modernise and streamline business processes.
“We are delighted to welcome Chris on board as non-executive chairman, and fully expect to benefit from his vast experience and knowledge, helping us to consolidate and grow further and faster,” remarked Endeavour CEO David Lawrence.
“We are keenly aware that the pressure is on brokers to demonstrate that the role they are undertaking is indispensable and adds value to the (re)insurance process. From investing in new claims handling technology, to offering domestic producing brokers innovative portals that allow them to compete effectively at a local level, our aim is to be a significant driving force in transforming the way producing markets do business with Lloyd’s and the wider London market,” he added.
Meanwhile, Giles commented: “Endeavour has an impressive track record of adding value for its clients and is committed to providing coverholders, brokers and underwriters alike with the transparency, consistency and accountability required to work more efficiently. There are multiple avenues for business development, including attracting fresh investment to accelerate growth, and I am looking forward to exploring these options with the Endeavour team.”