Consilium expands in Channel Islands with new hire

Re/insurance broker  Consilium, a part of the Aventum Group, has hired a new associate to grow its presence across the Channel Islands and other key financial hubs, including Cayman and Ireland.

James Read (pictured) joins Consilium’s professional & executive risk solutions team, which manages professional and financial lines and cyber insurance globally for direct policyholder clients and retail and wholesale broking partners.

Based in its Guernsey office, Read will lead the sales strategy for the team to expand its presence across the Channel Islands.

Read has 16 years’ experience in sales and marketing across a wide range of industries, including finance, trust and fiduciary, marine, and sports and entertainment. He spent nearly nine years at Specsavers, latterly as head of sports sponsorship and two years as group head of marketing for Southern Spars.

Consilium said that since its launch last year, its professional and executive risk solutions team has outperformed its ambitious targets, achieving double the budgeted revenue. It expects to exceed that growth rate in 2024.

Nick Bachmann, managing partner at Consilium professional and executive risk solutions, said: “I’m pleased to welcome James to the team. He is extremely well networked and excellent at client relationships, with a solid background in sales and marketing strategy. He will be a huge asset as we continue our growth plan, whether in the Channel Islands or our other key territories. We easily have one of the most experienced broking teams working in international financial centres and the investment management community. The team’s combined expertise in this market, together with our in-house legal and exciting new actuarial capabilities, makes Consilium a world leader in global financial lines broking.”

Read commented: “I’m excited to be joining such a well-respected team. Consilium is on a journey to be one of the best specialty lines international insurance brokers in the market, and I’m looking forward to playing a part in that. I was also attracted by its unique and dynamic culture. Unlike most brokers in the market today, Consilium is not content to accept the status quo; it is always looking for ways to do things better and exceed client expectations. I find that refreshing and can’t wait to introduce new clients to the Consilium way.”

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