SSL Endeavour, the specialist independent Lloyd’s broker and delegated authority expert, has named Mike Reynolds, previously Chief Executive Officer (CEO) of JLT Re, as Group CEO, subject to FCA approval.
At the same time, current Group CEO of SSL Endeavour, David Lawrence, has been appointed Group Deputy Chairman. Both appointments are effective immediately.
Reynolds brings more than two decades of experience in leadership roles in the re/insurance sector, most recently serving as CEO of reinsurance broker JLT Re. Prior to this, he served as the Group Finance Director of JLT Group plc, and has also held Chief Financial Officer (CFO) roles at ACE Europe and Aon Benfield.
Lawrence’s transition to Group Deputy Chairman enables him to focus on further managing and expanding the firm’s production portfolio, and the firm states that he will have a particular focus on the existing wholesale business in North America and also the development of the company’s overseas platforms.
Jonathan Palmer-Brown, Chairman of SSL Endeavour, commented: “SSL Endeavour is privileged to have an outstanding team of brokers and professionals focused on the well-being of their clients as we all face challenging times.
“I am pleased to welcome Mike to lead this team; I am confident that he will bring energy and determination to inspire and nurture our client relationships as well as our colleagues as we all work towards one common goal. I’d also like to thank David for his leadership and am looking forward to working with him on building our future.”
Lawrence said: “I would personally like to welcome Mike Reynolds to our business and I look forward to working with him to build on SSL Endeavour’s previous successes.”
While Reynolds added: “I am committed to seeing SSL Endeavour deliver excellent service to our client base. With the support of Jonathan Palmer-Brown and David Lawrence combined with our outstanding team, I am excited about the future of SSL Endeavour.”