BCG adds Justin Balcombe as a Partner to London office

08 June 2017

The Boston Consulting Group has hired seasoned insurance professional Justin Balcombe as a Partner and Managing Director to its London Insurance Practice. He brings almost three decades of experience to the firm, which the firm hopes to utilise for key clients in the industry managing disruptive changes.

Prior to joining The Boston Consulting Group (BCG), Justin Balcombe worked at Big Four group KPMG where he was a Partner and the Head of General Insurance for almost three and a half years, leading the Management Consulting General Insurance for the sector. Balcombe also previously worked at EY, where he spent over four and a half years in the role of Insurance Market Segment Leader in the firm’s Insurance Practice, for the MENA region. Earlier in his career he also filled a number of high-level roles for insurance consultancy firms including 3i Infotech as the Head of Insurance and Professional Services Practice EMEA, and Steria as the Head of Insurance Consulting; and at Mastek as the Head of insurance UK, among others.

Justin Balcombe - BCG

Bringing almost three decades of experience to the role, Balcombe joins BCG’s Insurance practice as a Partner and Managing Director. The position will be focused on advising the firm’s insurance clients on issues pertaining to, among others, strategy, performance improvement, business transformation, and operating-model change. He joins the firm’s London office.

Commenting on joining the strategy & consulting firm, Balcombe said, “I'm incredibly proud to be joining BCG at a time when the insurance industry is undergoing unprecedented change. Digital disruption, new types of risk, customer relationships, a difficult investment landscape—these are all challenging the industry in how it modernizes and continues to meet global demands. Joining one of the world’s leading strategy consulting firms and helping these companies work through this wholesale change is an outstanding opportunity, and I’m excited about it.”

The insurance industry faces disruption from a range of factors – from increased demand for cybersecurity coverage to changes in the automotive market as automation improves road safety and shifts risks.

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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.