Chris Blackham sets up new firm with former Layton Blackham colleague

Chris Blackham is launching an investment house to back start-up and existing small brokers and MGAs, Insurance Times can reveal.

Blackham - who sold his business Layton Blackham to AXA in 2007 - is linking up with his former right hand man Geoff Bradford to launch Endorphin, which will compete with consolidators.

It will invest in brokers and offer management advice and has already bought out Bradford’s business Aquilla Insurance Brokers.

Read the full story in this week's issue of Insurance Times, out Thursday, or click here to read it first online.