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 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 group will complement its present worldwide property broking operations within the UK, Latin America, the US and Caribbean, Canada, Asia and Australia, the corporate stated. The group could have unrestricted entry to international A-rated carriers within the specialist markets in these areas.

Property purchasers will even profit from Consilium’s experience in traces together with treaty, FAC reinsurance, cyber, casualty, monetary {and professional} traces, development, 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 strong relationships within the US market will create important alternative for us and speed up Consilium’s development.”

“We proceed to draw the most effective folks with experience and an entrepreneurial spirit that may assist us to broaden our choices and international footprint while staying completely targeted on consumer service,” Baird stated. “With the advantages of independence, Consilium empowers folks like Jack to set and obtain their targets, absolutely supported by the spine of a enterprise that makes steady funding in its core companies. This mannequin creates one thing really particular that units Consilium aside. A quick-growing and profitable dealer that’s fiercely unbiased means we will additionally supply purchasers much-needed long-term stability – a beneficial commodity within the present panorama.”

Consilium stated it plans to develop the North American group rapidly, with a variety of new appointments anticipated sooner or later.

The corporate has reported a compound annual development price of 39% since 2019 and has elevated its headcount by 85% since June 2022. Consilium initiatives an additional 45% development in 2024, and is heading in the right direction to achieve $1.4 billion in gross written premium by 2026.

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

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