Ed Broking sees exodus of financial lines specialists leaving for Consilium

Six senior financial lines specialists are joining international re/insurance broker  Consilium, part of The Aventum Group, from  Ed Broking.

Neal Hughes and Nick Bachmann, divisional directors at Ed, have left the broking firm to join Consilium as managing partners.

Both Hughes and Bachmann have had long broking careers. Hughes spent six years at Ed most latterly, nine years at Willis, six years at Lockton and four years at Aon.  Bachmann, based in Guernsey, spent six years at Ed and prior to that, six years at Willis where he was also divisional director, responsible for professional and financial lines broking in the Channel Islands.

Additionally, Josh Plummer has been appointed partner at Consilium. He was a senior broker producer at Ed Broking and prior to that spent six years at DUAL.

Lee Rogalski, also a senior broker at Ed joins Consilium as an associate partner.

Duncan Childs, wording advisory manager at Ed, and Alex Atkinson, a divisional director at Ed, are both appointed partners.

Atkinson spent nearly three years at Ed and before that spent two years at Capsicum, three years with Aon and five years at Willis. Childs is a lawyer with nearly 20 years’ experience as a practicing lawyer for Eversheds and Davies Lavery, specialising in insurance contract law. He spent the last five years at Ed, responsible for developing insurance contracts and claims advocacy services.

All of the new appointees will join Consilium’s ‘Pro Ex’ team (professional executive risks), managing professional & financial lines and cyber insurance globally for direct policyholder clients and retail and wholesale broking partners.

David Bearman, chief executive officer for Aventum, said: “I’m very excited to welcome these latest appointments to our ranks. We now easily have the most experienced broking team working in the international financial centres and the investment management community. The team’s combined leadership skills and particular expertise in this market, together with our inhouse legal and exciting new actuarial capabilities, makes Consilium a world leader now in global financial lines broking.”

Plummer, one of the new Partners at Consilium, commented: “I’m excited to be joining Consilium on its journey to be one of the best Specialty lines international insurance brokers in the market. Consilium is built on a platform that is far ahead of its competitors, digitalising client experience as well as products, whilst also supported by in-house claims and expert legally trained wording and advocacy services.

“Drawing on the capabilities of the Aventum group, we’re more advanced in expertise, data and actuarial capability than any other broker, regardless of size. As brokers, our knowledge, expertise and service is key - we are part of the ecosystems of the communities we serve. With this team and with Aventum behind us I look forward to taking our client services to a new level. Exciting times indeed.”