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27 July 2023Insurance

Consilium obtains Cayman licence after Jersey & Guernsey

Consilium, the global speciality re/insurance broking business of the Aventum Group, has obtained a license in the Cayman Islands by the Cayman Islands Monetary Authority (CIMA).

Consilium’s focus in the region will be in the financial and professional lines, construction and commercial property sectors, drawing on its existing capabilities in these lines.

Earlier this year, Consilium became licensed in Jersey and was licensed to operate in Guernsey in 2022.

James Baird, joint CEO of Consilium, said: “We’re delighted to add the Cayman Islands to our growing list of licensed jurisdictions. We look forward to reconnecting with clients in the region and developing new relationships. Thanks must go to CIMA for their support throughout the smooth application process.”

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