Consilium, the specialty (re)insurance broking division of Aventum Group, has outlined plans to expand its facultative reinsurance operations through the establishment of a Singapore office and the appointment of several senior industry professionals.
The initiative is part of Consilium’s strategy to enhance its global reach and provide more direct support to cedants and brokers in the Asia-Pacific region.
Pending regulatory approval, Consilium’s new Singapore office will serve as a regional base for its Cedant Facultative Risk Solutions team.
The office is expected to focus initially on property, power, and energy facultative reinsurance.
By establishing a presence in Singapore, Consilium aims to offer clients in Asia-Pacific streamlined access to both local and London markets, with an emphasis on specialist reinsurance solutions.
Rob Drysdale (pictured) has been named CEO of Consilium Cedant Fac Asia and will oversee the development of the Singapore operation.
Drysdale brings nearly 20 years of experience in facultative reinsurance across Asia-Pacific, having previously held senior roles at Descartes, Howden Specialty, and Willis Towers Watson.
In addition to its regional expansion, Consilium has made key appointments in London.
Paul Hargis will join as senior partner, Cedant Facultative Risk Solutions, after completing his notice period at Guy Carpenter.
Hargis has a background in international property and natural resources, with prior leadership positions at Willis Towers Watson and Aon.
Clare Payne has been appointed partner in the London team, joining from Gallagher where she was placement director.
Payne has 23 years of broking experience, covering environmental, product recall, construction, and terrorism risks.
Her role will include expanding Consilium’s capabilities in casualty placements and supporting both multinational and local reinsurance clients.
Ross Beeden, representing Consilium Cedant Facultative, said that the company is focused on building a global facultative risk solutions platform that offers cedants and brokers consistent and independent alternatives.
“The opening of our Singapore office gives clients in the region a single, seamless access point to both the London and Singapore markets. We’re delivering independent, specialised advice meaning fast, agile access to FAC reinsurance solutions across a wide range of specialty classes,” he said.
Simon Richardson, also of Consilium Cedant Facultative, highlighted the importance of leadership in the firm’s expansion plans.
“Singapore has always been part of our strategic vision – but we’ve waited for the right leadership to make it happen. Rob, Paul, and Clare are exciting and strategic additions to our team; they each bring specialist knowledge and relationships across key geographies and classes that will help us redefine what clients worldwide can expect from a reinsurance broker. We’re delighted to welcome them on board,” he said.
Consilium’s growth efforts also include the recent appointment of Ethan Godlieb as head of cyber, technology, and fintech within the Professional and Executive Risk Solutions team.
Godlieb, who joins from Aon, has nearly nine years of experience in commercial broking with a focus on cyber and data risk.
He has been recognised in the industry for his work with mid-market and global clients and has participated in industry initiatives such as the CII New Generation Programme and the Insurance Business UK cyber panel.
Godlieb’s responsibilities at Consilium include addressing the complexities of cyber insurance and bridging gaps between cyber coverage and other lines, such as professional indemnity and directors’ and officers’ insurance.
