Consilium, the London-based speciality re/insurance wholesale broker, announced the expansion of its international footprint with the opening of a new hub in Kingston, Jamaica (subject to regulatory approval).
Max Pragnell has been appointed as managing partner to lead the office.
The launch in Jamaica is part of Consilium’s strategy to build out wholesale operations in key global hubs, powered by local expertise and its proprietary, market-leading technology platform AtomX. AtomX harnesses AI and process automation to transform broker servicing, enhancing speed, efficiency, and client experience for Consilium’s growing global network of retail broker partners.
With offices in both Cayman and Jamaica, Consilium is part of a select group of international brokers with a physical presence across the Caribbean, reinforcing its long-term commitment to the region. The Kingston hub will specialize in commercial wholesale speciality insurance and reinsurance across property, liability, cyber, financial lines, marine, and alternative risk transfer.
Max Pragnell brings nearly a decade of experience to his new role, most recently as area vice president at IIBRe in Kingston, with a focus on wholesale and reinsurance property/casualty (P/C). His career includes roles at Gallagher and RPS in the US, Alesco in the UK, and IIBRe in Jamaica, where he established himself as the Caribbean’s cyber practice leader.
This marks the second new international hub announced by Consilium in just six weeks, following the opening of its Singapore office. Together, these milestones reflect Consilium’s mission to reshape wholesale broking through independence, expertise, and client service, delivered at scale by cutting-edge technology.
“The Caribbean market is built on strong foundations of local insurers and brokers. Consilium will enhance that by bringing a wider range of speciality products, tailored solutions for large corporates, and direct access to global expertise,” commented Pragnell.
Consilium trades more than US$1 billion GWP annually through a network of offices across key international hubs. With a growing number of global partners, Consilium said it delivers tailored solutions across all lines of P/C insurance and reinsurance.
Source: Consilium
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