Consilium, the global specialty (re)insurance broking arm of the Aventum Group, has announced key appointments to its Delegated Risk Solutions division.
The trio of strategic hires includes Maria Rogers, joining as a Partner from Ed Broking, bringing extensive expertise in binding authority broking and coverholder account management.
David Cox, formerly with Guy Carpenter and boasting over two decades of experience in delegated authority broking, has been welcomed to the team.
Additionally, Lucy Moore, set to join from Aon in March, adds a wealth of experience within Lloyd’s MGAs, Brokers & Company Market Delegated Underwriting Authority (DUA) Operations.
These appointments elevate the Delegated Risk Solutions team to a total of 14 members, a significant reinforcement to its capabilities.
The team has attracted top-tier talent in 2023, further solidifying Consilium’s position in handling complex DUA business globally.
The company’s unique ability to manage intricate DUA transactions on a global scale, its investment in cutting-edge technology, and its entrepreneurial culture have been key factors in attracting top industry talent.
Consilium Delegated Risk Solutions distinguishes itself by offering a comprehensive service that goes beyond conventional DUA broking.
With a focus on providing tangible added value to MGAs and coverholders, the division collaborates with over 60 global carriers, operates across classes, and offers access to a global network of (re)insurance capacity providers.
The services range from digital platforms for rapid product deployment to in-house DUA teams, world-class claims management, and innovative actuarial support and data science services.
Toby Gorman, Senior Partner, Delegated Risk Solutions at Consilium, expressed excitement about the new additions to the team, highlighting the company’s ability to outperform competitors in terms of speed, innovation, market relationships, and added value delivery.
Gorman emphasised Consilium’s commitment to addressing underserved market spaces and overcoming emerging challenges, such as aggregate capacity and catastrophe bond placement.
Consilium’s impressive growth is underscored by a compound growth rate of 39% since 2019, an 85% increase in headcount since June 2022, and a projected 45% growth in 2024.
The company said it is on track to surpass its USD 1.4 billion GWP target by 2026, reflecting its independent, debt-free, and nimble approach in a dynamic and evolving market.
