Former Bain partner Alan Colberg new Assurant CEO

22 September 2014 Consultancy.uk

Insurance provider firm Assurant has appointed former Bain & Company veteran Alan Colberg as President and incoming CEO. Colberg joined Assurant in 2011 as Executive Vice President, following a 23 year career at the global strategy consultancy.

Assurant is a service provider firm of insurance products and related services, including health insurance, mortgage insurance, solar project insurance and mobile device insurance. The firm that provides services in among others North America, Latin America, and Europe is headquartered in New York, the US, and has a headcount of around 17,500 employees worldwide. 

Assurant promoted Alan Colberg as its new President in September and incoming CEO, effective January 1, 2015. Colberg will succeed Robert Pollock. “With extensive experience driving innovation and building value, Alan is uniquely qualified to lead Assurant. As a champion for consumers, Alan has a keen grasp of macro trends and a vision for the future that has been instrumental in identifying new opportunities for profitable growth,” says Elaine D. Rosen, Chair of the Board of Assurant.

Alan Colberg - Assurant

Colberg brings 25 years of experience in driving growth and innovation in the Financial Services sector when assuming his role of CEO. He joined Assurant in 2011 when he was appointed as Executive Vice President of Marketing and Business Development, a role he fulfilled for over 3 years. Before joining Assurant, Colberg worked at global strategy consulting firm Bain & Company for over 23 years. At Bain & Company Colberg served in multiple positions including as Managing Director of the Atlanta office and Southern region from 2000 to 2011, and Global Lead of the Financial Services practice from 2005 to 2011. During his spell at Bain & Company, he advised several leading global companies including his present employer Assurant.

Colberg joined Bain & Company as a graduate of Harvard University Graduate School of Business Administration in 1987, where he earned an MBA. He also has a Bachelor of Science degree in Finance and Accounting from the University of Pennsylvania - The Wharton School.

“I’m excited to lead the great team at Assurant,” comments Colberg on his promotion. “We will build upon our strong history of creating value for customers and shareholders alike to drive continued profitable growth. With dynamic changes taking place throughout our industry and evolving consumer preferences, there are many exciting opportunities ahead. I look forward to working with our board, management team and dedicated employees to realize our goals.”

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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.