J.C. Flowers & Co. LLC’s establishment of a London wholesale broking platform and acquisition of two London brokers


Willkie’s London office recently represented J.C. Flowers & Co LLC on its establishment of a London wholesale broking platform and the acquisition of two London brokers, SSL Insurance Group and Endeavour Insurance Services.

These acquisitions are the first in a strategy to roll up further independent brokers. Both are Lloyd’s brokers; Endeavour is a delegated authority specialist, and SSL is a leading marine specialist. The deal was announced on May 18, 2018 and closed on July 31.

J.C. Flowers is a private investment firm dedicated to investing globally in the financial services industry. Since inception, the firm has invested nearly $15 billion, including co-investment, in 51 portfolio companies across 17 countries.

The Willkie team was led by partner Claire McDaid (Picture), and included associates Antonio Laino and Joshua Begner.

Involved fees earner: Claire McDaid – Willkie Farr & Gallagher; Antonio Laino – Willkie Farr & Gallagher; Joshua Begner – Willkie Farr & Gallagher;

Law Firms: Willkie Farr & Gallagher;

Clients: JC Flowers & Co., LLC;