Endeavour Insurance Services has unveiled a technology and cyber facility, naming 28-year insurance veteran Tony Loizides as head.
The accredited Lloyd’s broker said the creation of the cyber facility will predominantly be managed through an online portal. Aimed at generating new business streams in the North American specialty lines space, it will provide multiple opportunities for managing general agents, producing brokers, and clients in the US and Canada.
Celebrate excellence in insurance. Join us at the Insurance Business Awards in Chicago.
Loizides, who began his insurance career in 1989 at brokers Sedgwick, specializes in professional indemnity and D&O (directors and officers), as well as in financial lines and healthcare. With a particular focus on technology and cyber, he also worked at First City Partnership, HSBC Insurance Brokers, and Safeonline LLP where he was head of broking.
”The opportunity to be part of the successful journey that is unfolding at Endeavour, the entrepreneurial attitude that is allowed to flourish, allied to its commitment as an independent employee owned Lloyd’s broker, was simply too good to pass up,” commented Loizides.
The new divisional director added: “I value the expertise and diligence with which Endeavour takes care of its clients’ needs, and I am looking forward to developing new opportunities and distribution methods to grow their business even further.”
For David Lawrence, chairman and chief executive of Endeavour Insurance Services, this is the next step in the firm’s growth. “Given recent events, cyber protection is fast becoming a major consideration in future risk management,” commented Lawrence.
He said: “The project to develop cyber in this way is a medium-term investment for us, and I am delighted that somebody with such understanding and class knowledge as Tony Loizides has bought into the Endeavour story.”
Specializing in the placement of business produced by North American and European agents handled under delegated authorities, the company employs 46 people in its London office.
