’It’s rare to find a real insurance operator who is also a heavy-hitting US investor – and a really nice guy to boot,’ says broker chief executive

Commercial broker Konsileo has appointed Joe Zuk to its board of directors, to further support the firm’s growth ambitions.

Zuk is currently employed as operating partner at US-based private equity company Altamont Capital Partners (ACP) – he will continue in this role alongside his new commitment to Konsileo, as well as maintaining his other existing board positions in both the UK and US.

Zuk will join Konsileo’s current non-executive directors Judy Welch and Geoff Lloyd, who joined the broker’s board in 2018 and 2023 respectively.

John Warburton, chief executive at Konsileo, said: “It’s a really exciting time for Konsileo and we’re very pleased to have Zuk’s insight and counsel at the table.

“It’s rare to find a real insurance operator who is also a heavy-hitting US investor – and a really nice guy to boot.

”Zuk will be hugely valuable in helping Konsileo accelerate our growth and bring even greater rigour and operational excellence to everything we do.”

International opportunities

Zuk has 22 years of financial services experience after starting his broking career in New York.

His past roles include production broker at Lockton Re, senior vice-president at BMS Group and managing director of corporate development and strategy at Orchid Insurance. 

Since moving into investment in 2020, Zuk has specialised in supporting middle-market growth firms. 

He said: “Konsileo has achieved remarkable organic growth by redefining the traditional brokerage model, distinguishing itself in a sector typically dependent on M&A for scale.

”I have been impressed by the founding team, [the firm’s] technology development and [its] unique approach in the market. [Its] exceptional blend of culture, empowered talent and proprietary technology has set [the business] apart, fuelling innovation and expansion.

”I look forward to partnering with Konsileo’s impressive team as a board director to further accelerate [the company’s] success across the UK and explore opportunities internationally.”