Direct Insurance Group has completed a global restructure and rebrand to Aventum Group. The group’s global broking operations will come together under the brand Consilium, while its MGA underwriting businesses will sit under the name Rokstone. The group said it now accounted for gross written premium of more than £430m.

In the UK, Direct Insurance London Market will sit under Consilium, which has further offices in Asia and will look to grow its international footprint further.

Aura Underwriting, iSure, iFarm, Rokstone Construction Risk Underwriters and Novus Underwriting, will all become part of Rokstone. It has offices in the UK, Europe, USA, Asia, Africa and the Middle East, with plans to explore further territories.

Aventum is independently owned by group CEO David Bearman. He said: “We want Aventum to be a global insurance brand that endures – a lasting landmark in the market.

“The restructure and rebrand puts us in a strong position – we are fit, agile, focussed and ready for the next stage in our journey to become the best global re/insurance speciality wholesale business in the world.

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