Consilium launches North America property division

Consilium, the worldwide specialty (re)insurance coverage broking arm of the Aventum Group, has introduced the launch of a North America property division.

The division will likely be led by Jack Anderson (pictured above), who will be a part of Consilium in February as a senior companion.

Anderson has a decade of expertise within the North American market. He joins Consilium from Gallagher, the place he served as a director. He has additionally held positions at Amwins World Dangers and Besso.

Consilium’s London-based North American property crew will complement its current worldwide property broking operations within the UK, Latin America, the US and Caribbean, Canada, Asia and Australia, the corporate stated. The crew could have unrestricted entry to world A-rated carriers within the specialist markets in these areas.

Property purchasers can even profit from Consilium’s experience in strains together with treaty, FAC reinsurance, cyber, casualty, monetary {and professional} strains, building, waste and recycling, and delegated threat options, the corporate stated.

“Broadening our property portfolio was a key a part of our strategic development plan this 12 months,” stated James Baird, co-CEO of Consilium. “We’re excited to have Jack on board to guide our North American property operation. His mixed retail and wholesale expertise and stable relationships within the US market will create important alternative for us and speed up Consilium’s development.”

“We proceed to draw the very best individuals with experience and an entrepreneurial spirit that can assist us to broaden our choices and world footprint while staying completely centered on consumer service,” Baird stated. “With the advantages of independence, Consilium empowers individuals like Jack to set and obtain their targets, absolutely supported by the spine of a enterprise that makes steady funding in its core providers. This mannequin creates one thing actually particular that units Consilium aside. A quick-growing and profitable dealer that’s fiercely impartial means we are able to additionally supply purchasers much-needed long-term stability – a invaluable commodity within the present panorama.”

Consilium stated it plans to develop the North American crew shortly, with a lot of new appointments anticipated sooner or later.

The corporate has reported a compound annual development charge of 39% since 2019 and has elevated its headcount by 85% since June 2022. Consilium tasks an additional 45% development in 2024, and is on course to succeed in $1.4 billion in gross written premium by 2026.

In July of final 12 months, Consilium introduced that it had acquired a license from the Cayman Islands Financial Authority.

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