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Commercial broker Konsileo raised £8 mn to accelerate its growth across the UK

Commercial broker Konsileo raised £8 mn to accelerate its growth across the UK

Chartered commercial broker Konsileo has raised £8 mn to accelerate its growth across the UK. The company specializes in mid-market insurance solutions for small, medium, and mid-corporate businesses. Its team has expanded to 160 employees nationwide.

New funding combines debt and equity, with contributions from Growth Lending, Committed Capital, and ACF Investors.

Konsileo operates across industries such as construction, logistics, agriculture, and recycling. It leverages a unique workplace model that prioritizes self-management, collaboration, and employee satisfaction.

Over the past year, Konsileo has grown by two-thirds, achieving £12 mn in revenue and managing over £60 mn in gross written premiums. The new funding will support recruitment, technology development, and further innovation in broking practices.

Avoiding traditional hierarchies, the firm uses a proprietary technology platform to streamline compliance, enable broker collaboration, and conduct whole-market searches for optimal client quotes.

John Warburton, co-founder and CEO at Konsileo

By putting brokers first and equipping them with the best tools and practices, we’ve created a model that resonates with both professionals and clients. This investment gives us the resources to continue growing our broking organization

John Warburton, co-founder and CEO at Konsileo

The platform also enhances insurer interactions with detailed client profiles and e-trade capabilities.

“The company has reached scale without acquisitions while maintaining integrity and culture. Konsileo is well-positioned for continued revenue growth, and we are proud to support their progress”, Steve Harris, Chief Executive of Committed Capital, highlighted Konsileo’s organic growth and efficient capital use.

Konsileo continues to redefine the commercial insurance broking landscape, aiming to deliver exceptional value for clients while fostering a supportive environment for brokers.