Aventum-owned broker appoints new chief claims officer

Aventum-owned Consilium has appointed Nick Woodward as its new chief claims officer.

In his new role, Woodward will lead (re)insurance broker’s claims advocacy team and ensure they provide clients with strategic propositions.

He will also work closely with Duncan Childs, head of technical claims and coverage at Consilium.

Paul Richards, co-chief executive at Consilium, said: “Consilium is committed to providing exceptional claims service, ensuring the best outcomes for our clients and brokers. Delivering when our clients most need us is a key part of our service proposition.

“We are continually improving our claims service through enhanced processes and technology, but it’s our proactive approach and the technical knowledge of our team that truly sets us apart.

”Woodward is an industry leader with vast knowledge to lead our experienced team to deliver the strongest results.”

Experience

With nearly 30 years of experience in legal and claims sectors, Woodward joins Consilium from his position as claims director at Optio.

Before joining Optio in 2021, he held several specialist claims roles, including senior claims manager at SCOR and head of claims for the Eaton Gate MGU.

Prior to this, he spent eight years as head of casualty claims and general counsel at HCC International Insurance Company.

Woodward said: “Having worked with some of the world’s top underwriting firms, I’m excited to transition into the broking space. Consilium’s vision, success, and independence make it stand out in a market increasingly shaped by private equity.

“It’s rare to find a broker that is independent and puts clients and employees at the core of its mission. Combined with their rapid growth and industry recognition, it’s a truly inspiring opportunity and I’m eager to be part of it.”