Aventum declares promotion for newly established MD function

Worldwide re/insurance coverage group Aventum has introduced the promotion of John Eldridge (pictured above) to the place of managing director.

This newly established function locations Eldridge on the helm of the group’s day-to-day operations, with a particular concentrate on coordinating the central capabilities of the group. His function is integral to supporting the continued world enlargement of Aventum’s re/insurance coverage MGA, Rokstone, and its specialty broking platform, Consilium.

Eldridge, who joined Aventum in 2020 as chief industrial officer, has a considerable background within the insurance coverage trade. His expertise spans over 15 years in varied management positions, together with managing director roles at Canopius UK Specialty and Coleman Insurance coverage Brokers, in addition to head of operations at HSBC Insurance coverage Brokers.

“My function as MD is to facilitate and orchestrate, notably the interior workings of the group, as we embark upon the following part of the journey. Our ambitions focus on high quality relatively than scale; being the most effective answer and repair supplier in our chosen markets, and most pleasant and provoking place to work,” Eldridge mentioned.

Eldridge’s promotion follows two key C-suite appointments made by Aventum final 12 months. The group appointed Robert Moorehead-Lane, former CRO of Aspen Insurance coverage Group, as its CRO, and Hassani Jess, beforehand CTO of Merely Enterprise, as its new CTO.

“We’ve seen great development throughout Aventum since we reorganized the group in 2021,” mentioned founder and CEO David Bearman. “Progress has come because of our success, however development by itself has by no means been the ambition.  Aventum is likely one of the only a few genuinely impartial, debt-free specialist insurance coverage platforms of scale on the earth, and our ambition to be the most effective within the trade burns shiny. On this new function, John can take a chicken’s eye view to coordinating our operation and speed up our formidable plans.”

What are your ideas on this story? Please be happy to share your feedback beneath.