CBIZ appoints Tony Consoli as president of insurance services unit

CLEVELAND - CBIZ, Inc. (NYSE:CBZ) has appointed Tony Consoli as President of CBIZ Insurance Services, Inc., the company’s Property & Casualty Insurance Division, effective July 1, 2025, according to a press release statement.

Consoli succeeds Mike Gill, who has moved to an advisory role after 13 years leading the division. Consoli joined CBIZ in 2011 and brings over 30 years of experience in the property and casualty insurance industry. According to InvestingPro data, CBIZ has demonstrated strong growth with revenue increasing 32.27% over the last twelve months.

During his time with the company, Consoli has served as Regional President for both the Mid-Atlantic and Southeast regions and as National Practice Leader for Health Care and Alternative Risk (Captives).

In his new role, Consoli will oversee the strategic direction and growth of the Property & Casualty Insurance Division, focusing on operational excellence, business development, and nationwide client service. He will also lead industry specialization initiatives to enhance service delivery across various sectors.

"Tony brings a deep understanding of how risk management connects to business performance, which is exactly what today’s clients need," said Mike Kouzelos, President of CBIZ Benefits & Insurance Services Division.

CBIZ describes itself as a professional services advisor to middle market businesses with more than 10,000 team members across over 160 locations in 22 markets nationwide. The company provides services in accounting, tax, advisory, benefits, insurance, and technology. With a healthy current ratio of 1.52 and strong financial health metrics, CBIZ maintains a solid foundation for growth. Investors can access detailed analysis and 10+ additional ProTips through InvestingPro’s comprehensive research reports.

In other recent news, CBIZ Inc. reported its first-quarter earnings for 2025, surpassing analyst expectations with an adjusted earnings per share (EPS) of $2.29, compared to the forecasted $2.11. However, the company’s revenue fell short, coming in at $838 million against the anticipated $859 million. Despite the revenue miss, CBIZ maintained its adjusted EBITDA and EPS guidance for the year, signaling confidence in its strategic initiatives. The company revised its full-year revenue guidance to a range of $2.8 to $2.95 billion, slightly below previous expectations. In a separate development, CBIZ appointed Seth Goldblum as the National Leader of Advisory Services, effective June 1, 2025. Goldblum, who has been with the company since 2017, brings over 30 years of experience to his new role. He will continue to serve as the National Industry Leader for Private Equity. These recent developments highlight CBIZ’s ongoing efforts to strengthen its leadership and financial performance amidst a challenging market environment.

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