JLT Specialty installs Nigel Somerville as European Risk Consulting Leader

09 August 2018 Consultancy.uk

A former Marine and counter-terrorism expert has been appointed as the European Risk Consulting Leader at JLT Specialty. Nigel Somerville arrives at the firm from media giant Time Incorporated’s UK wing.

CFOs are facing a period of dramatic change, with technology rapidly altering the way in which they can organise their processes and workflows, while developments such as AI and RPA are disrupting key areas of the financial landscape. Meanwhile, mounting pressures from the looming cybersecurity threats, heightened geopolitical tensions and a number of embarrassing regulatory short-comings have seen the consulting industry take a variety of steps to prepare for heightened demand from clients looking to adapt to an uncertain business environment in coming years.

JLT Specialty is a subsidiary of the Jardine Lloyd Thompson Group (JLT), one of the world's leading providers of insurance, reinsurance, and employee benefits related advice, brokerage, and associated services. As the firm looks to accommodate the rapidly changing needs of its clients in the field, the firm has appointed risk expert Nigel Somerville as its Head of Risk Consulting for Europe. The role, which is based in London, will see Somerville take responsibility for driving JLT Specialty's value proposition in its core areas of risk advisory and consultancy across Europe. In this capacity, he will work closely with JLT's global consulting leadership, in order to ensure that clients continue to have access to JLT’s global resources and expert advice amid unpredictable times.

JLT Specialty installs Nigel Somerville as European Risk Consulting Leader

Somerville, who was awarded an MBE Military Cross in 2010 for his then 14 years of service with the Royal Marines, was Operations Directorate for the UK Ministry of Defence between 2011 and 2013, remaining with the Marines while working a strategic national security and counter-terrorism role for the government. In this capacity, he provided advice to Ministers, the Cabinet Office and the National Intelligence and Security agencies, before ending his period of service for a succession of roles in the private sector.

He spent three years as a Managing Director Risk Management with Source8 before joining his most recent employer, Time Incorporated, in 2016. Somerville spent the following two years as the Director of Global Risk & Security at the media giant’s UK arm, and as he leaves to begin life with JLT Specialty, he will bring with him the significant expertise gained through senior risk and security roles, including experience identifying risk exposure and providing mitigation strategies for FTSE 250 companies establishing operations in emerging markets.

Commenting on his arrival at the firm, Mike Giacobbe, Global Head of Data, Analytics, and Consulting at JLT Specialty, said, “We are excited to have Nigel's expertise as we continue growing our global consulting footprint and bringing our industry leading risk advisory services to all of our clients. Clients in challenging risk areas will immediately benefit from his extensive experience in emerging risk and we look forward to the unique insight he brings to JLT.”

Paul Knowles CEO of JLT Specialty, Europe, said of Somerville, “Nigel's experience and leadership will considerably assist JLT Specialty in delivering insight to our clients, through assessing, quantifying, mitigating and managing their ever-complex risk landscapes. Nigel’s appointment further strengthens JLT’s consulting capabilities and supports us in our mission to become to the leading global specialist risk adviser and broker.”

Nigel Somerville himself added, “I am honoured and excited to be joining JLT at a time when emerging risks to business are so prevalent and challenging. I am proud to be part of such a client-centric team and look forward to working with talented colleagues across the JLT Group.”

Related: KPMG appoints Mary O'Connor as new UK risk leader.

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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019 Consultancy.uk

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.