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\u00a0The latest news from Consilium for you;<\/p>\n
Consilium, the global speciality (re)insurance broker, is delighted to announce the opening of an office in Luxembourg.<\/p>\n
Luxembourg is the second-largest fund market in the world, with \u20ac8.3 trillion assets under management. Consilium\u2019s office will provide fund management businesses, financial institutions, and private equity firms with access to expert local and international advice, broad product coverage across all Professional and Executive Risks, and improved access to London and European markets.<\/p>\n
This is the latest in Consilium\u2019s build-out of its Professional & Executive Risk Solutions division in key international and offshore financial hubs.<\/p>\n
The new office in Luxembourg will be headed up by Wim Geleyn. Recognised as an innovation leader in the region, he brings international expertise and a hybrid background that covers insurance, corporate finance, and law.\u00a0 Wim\u2019s background includes underwriting and broking roles at Aon, Marsh, AIG and Winterthur International (now AXA XL).<\/p>\n
Wim brings a total of 30 years\u2019 experience with vast expertise in broking and placement for financial institutions, investment structures, private equity firms, and independent non-executive directors, with a specialist focus on D&O, Professional Indemnity, ESG, and complex financial risks.\u00a0 Heading up the office in Luxembourg, he will\u00a0leverage his extensive regional knowledge and expertise in accessing both Lloyd\u2019s and European markets to deliver clients with solutions tailored to address the complex and varied exposures they face. \u00a0Wim will also utilise the advanced AI and technology-driven broker enablement power of Consilium\u2019s ATOMX, its proprietary tech-ecosystem, to drive smarter workflows, quicker delivery cycles and intelligent risk placement.<\/p>\n
Consilium Luxembourg will focus on the full range of Professional and Executive Risk Solutions.\u00a0 This importantly includes providing access to Fundshield \u2013 Consilium\u2019s innovative, online quote and bind platform. Tailored specifically for funds, limited partnerships and asset holding SPV structures, it offers comprehensive D&O and Professional Indemnity cover.<\/p>\n
Commenting on the office opening,\u00a0Nick Bachmann, Managing Partner \u2013 Professional and Executive Risk Solutions, at Consilium\u00a0commented: \u201cLuxembourg has long been a strategic target for us as we seek to help leading financial markets successfully navigate the complexities of today\u2019s world.\u00a0 We have a proven model in other financial hubs, including the Channel Islands and Cayman Islands, delivering a differentiated proposition that combines on-the-ground local advisory-led support with access to one of the most experienced financial lines broking teams in the world.<\/p>\n
\u201cWe\u2019re delighted that Wim has joined us. He brings extensive local and international expertise, which he will utilise to build relationships, unlock market access and meet the strong demand for high-quality D&O, financial lines, and complex risk solutions backed by A-rated capacity and technology-driven innovation.\u201d<\/p>\n
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