The latest from Consilium FYI;
Consilium, the global speciality (re)insurance broking business of the Aventum Group, today announced the launch of its new Cargo Stock Throughput offering, with the appointment of Jack Cooper as Senior Partner.
Jack will join Consilium following his notice period from Alesco Risk Management Services, where he held the position of Executive Director. His previous roles include Associate Director and Head of Broking at Gallagher and Cargo broker at Lloyd & Partners Ltd. Jack brings with him 15+ years’ technical broking experience, a strong background in independent broking, and a deep understanding of the unique challenges faced in placing complex Cargo risks.
The product is backed by unrivalled Lloyd’s and company market capacity – with access to 50+ Syndicates and MGAs keen to support its new global offering.
Consilium has a broad Cargo appetite, covering general, niche and complex Stock Throughput risks. Nimble by design, its approach combines global Speciality reach and use of advanced technology, with a service led approach from a true independent broker. Differentiated from the rest of the market, Consilium breaks down traditional silos, meaning that complex Cargo risks straddling both Property and Marine can be placed quickly thanks to the highest level of specialist combined divisional expertise.
Commenting on the launch, James Baird, Co-CEO and Managing Partner at Consilium, said: “We’re once again broadening our range of expertise, as part of a continued desire to be inspirational, transforming markets that can benefit from a better way of doing things. Hot on the heels of our new Marine offering, Cargo is a natural next step for us and an opportunity to deliver a truly independent broking proposition. The incredible support from carriers across both the Lloyd’s, Company and MGA markets stands as testament to the strength of this new offering. Jack is vital to realising our vision. He is outcome-driven, service-led, and entrepreneurial in his approach – he will fit in perfectly.”
Consilium has reported a compound growth rate of 39% since 2019 and has seen a 123% increase in headcount in the last 18 months, with further recruitment planned for next year. The Speciality broker is expected to see significant growth in 2024 and is on target to reach USD 1.4bn GWP by 2026.
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