Aventum-owned broker snaps up underwriter from Howden's MGA as it launches new binder

Aventum-owned broker Consilium has launched its first casualty binder for its UK division – Consilium Risk Solutions.

The facility, backed by A-rated delegated authority capacity, is aimed at low and medium risk contractors.

Consilium said it strips out common restrictions, replacing them with a range of responsive extensions. This includes efficacy, goods on hook, rip and tear and defective workmanship.

Meanwhile, claims from the binder will be managed in house by Consilium’s in-house claims team.

Matt Pini, managing partner at Consilium Risk Solutions, said: “This binder with its quality paper, speed, service and competitive premiums brings much needed product innovation to an underserved sector of the market and its exclusivity to Consilium gives our broker partners a valuable market advantage.”

Appointee

Luke Browne has been appointed as senior underwriter to manage the binder.

Browne, who joins Consilium from Howden-owned Dual Group, brings with him more than 10 years’ market experience and is a specialist in underwriting liability and contractors all risks.

Pini said: “We’re delighted to welcome Browne to the team to manage our new casualty binder.

“Browne has strong broker relationships and deep market knowledge, he is entrepreneurial and service-oriented, perfectly complementing the rest of the team.”

Browne added: “It was always going to take something special to entice me away from Dual.

“Consilium is that and more. An inspirational business filled with talented and driven people. They’ve given me a blank canvas, a chance to do things differently and an opportunity to build something that is truly value, service and outcome driven.”