Cryptic crossword clue
Shipbroker referenced by fixer so we hear 11

The most common and most likely answer to this crossword clue is the 11 letter word UNDERWRITER

U
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Buddy explains!

The straight part
We know that "Shipbroker" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case shipbroker = underwriter.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does UNDERWRITER mean?

UNDERWRITER noun
  1. An entity assuming a financial risk.
  2. A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
  3. An entity undertaking to market newly issued securities.

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