For more information about Consilium Forex Broker company profile, come to WikiBit!
Business
License
Consilium Company, officially known as Consilium Insurance Brokers, was founded in 2013. It emerged from the vision of David Bearman, a retail broker disenchanted with traditional practices in the London insurance market. His aim was to establish a brokerage that was not only customer-focused but also innovative in its approach to insurance solutions.
Consilium operates as part of the Aventum Group, a global specialty reinsurance company. This structure allows Consilium to leverage the resources and expertise of its parent company while maintaining an independent operational model. The company is 100% employee-owned, fostering a culture that prioritizes collective success over external shareholder pressures.
The headquarters of Consilium is located in London, Greater London, specifically at 3rd Floor, 11 The Monument Building, London, EC3R 8AF, UK. This central location places it at the heart of one of the world's leading insurance markets.
Consilium has established a significant global footprint, with operations spanning over 150 territories. The company serves more than 70 client locations worldwide, providing a diverse range of insurance products tailored to various market needs. As an accredited Lloyds of London broker, Consilium has access to extensive insurance markets, enhancing its service offerings.
Consilium Insurance Brokers is regulated by several key bodies, including the Financial Conduct Authority (FCA) in the UK. This regulatory oversight ensures that the company adheres to the highest standards of practice within the insurance industry.
Since its inception, Consilium has achieved several notable milestones. In 2014, it secured accreditation as a Lloyds of London broker, significantly enhancing its market credibility. The company has also seen a compound growth rate of 39% since 2019, reflecting its strong market position and business strategy.
Consilium has expanded its operations through the establishment of nine distinct divisions, each focusing on specific areas of expertise within the insurance sector. This strategic division allows for specialized services that cater to the nuanced needs of its diverse clientele.
Over the years, Consilium has successfully grown its customer base, serving a wide array of clients, including retail and wholesale brokers, managing general agents (MGAs), and cedants. The companys commitment to understanding client needs and delivering tailored solutions has been instrumental in this growth.
The company has continuously invested in technology and innovation, employing a dedicated tech and innovation team to enhance its service delivery. This focus on technology has allowed Consilium to streamline operations and improve client interactions.
Consilium has received numerous awards, including being named Lloyd‘s Broker of the Year at the Insurance Times Awards in 2024. Such accolades underscore the company’s commitment to excellence and innovation in the insurance industry.
While Consilium primarily operates in the insurance sector, it does not engage in forex trading. Instead, its focus is on providing specialized insurance solutions for a variety of sectors, including professional and executive risk, property risk, and casualty risk.
Similar to forex, Consilium does not provide stock trading services. Its expertise lies in crafting bespoke insurance products tailored to the needs of its clients.
Consilium does not offer Contracts for Difference (CFD) trading products, as its operations are centered around insurance brokerage rather than financial trading services.
Consilium specializes in various insurance products, including professional indemnity insurance, cyber liability insurance, and property insurance. The companys diverse offerings are designed to meet the needs of various industries, including financial services, construction, and healthcare.
One of the unique advantages of Consilium is its employee-owned structure, which fosters a culture of collaboration and commitment to client success. Additionally, as an accredited Lloyds broker, Consilium provides clients with access to a wide range of insurance markets and products, ensuring comprehensive coverage options.
Consilium is primarily regulated by the Financial Conduct Authority (FCA) in the UK. This regulatory body oversees the company's operations, ensuring compliance with industry standards and protecting consumer interests.
Consilium operates as a private limited company within the UK, registered under company number 03149879. Its legal structure allows for flexibility and responsiveness to market changes while maintaining compliance with regulatory requirements.
As a regulated entity, Consilium adheres to strict client fund protection measures. These include maintaining segregated accounts for client funds and ensuring that all transactions are conducted transparently and securely.
Consilium serves clients globally, with a presence in over 150 territories. Its services are tailored to meet the specific needs of various regions, allowing for localized support and expertise.
Consilium has maintained a strong compliance history, consistently meeting regulatory requirements set forth by the FCA and other relevant authorities. This commitment to compliance reinforces the trust clients place in the company.
Consilium operates in a competitive landscape that includes several notable players in the insurance brokerage sector. Key competitors include:
Consilium positions itself as a specialist broker focused on delivering tailored insurance solutions. Its unique employee-owned structure and commitment to innovation differentiate it from larger, more traditional brokerage firms.
The primary factors that set Consilium apart in the market include:
In conclusion, Consilium Company has established itself as a leading specialty insurance broker with a strong commitment to client success and innovation. Its employee-owned structure, global reach, and focus on tailored solutions position it well within the competitive landscape of the insurance industry. For further insights on Consiliums offerings and services, learn more.
This comprehensive overview provides a detailed look at Consilium, its operations, and its place in the insurance market, showcasing its strengths and competitive advantages.
Explore broker companies: forex/fx trading, investment, and global limited. Check company details.