Consilium targets PI growth with new business executive appointment

Global specialty (re)insurance broker Consilium has appointed Henry Menage as its professional indemnity (PI) new business executive.

Menage joins from Citynet Insurance Brokers, where he had spent the past five years of his career, serving as both a broker and latterly as account executive.

Consilium said that he brings experience across a “broad range of PI risks, including large, complex and distressed accounts”, as well as additional expertise “across cyber, directors’ and officers’ and financial lines, with particular experience in the construction sector”.

The firm added that Menage’s appointment strengthens its “ambition to build a market-leading PI proposition at a time when brokers and clients are seeking greater expertise, responsiveness and access to quality capacity”.

Significant opportunity

Matt Pini, managing partner at Consilium UK and Ireland Risk Solutions, said: “Our dynamic, entrepreneurial and genuinely independent model continues to attract some of the best talent in the market.

“We’re also continuing to invest in technology through ATOMX, creating a compelling proposition for brokers and clients and freeing up our brokers to spend more time building relationships, solving complex risks and delivering value where it matters most.”

The new appointee added: “While the PI market remains challenging, I also see significant opportunity. In a soft market, speed, communication and technical expertise become increasingly important.

“Experience, strong relationships, access to broad and quality markets, energy and the intelligent use of technology will ultimately differentiate the best brokers. I’m thrilled to be joining Consilium and supporting its ambition to be the most inspiring specialty broker in the world.”