BGL Group announces new executive chairman and CEO

March 26, 2013

by Brian Turner

Story link: BGL Group announces new executive chairman and CEO

Now that it is so easy to obtain online quotes for all types of insurance, there really is no reason to renew a policy before doing an online check of the prices offered by other companies. Last year I purchased my home and contents insurance after getting a selection of quotes from a price comparison website. A few days ago I received a phone call from that insurance company telling me that the renewal was due and that the price had only risen by a couple of £'s. When I said that I wanted to check prices from their competitors online before taking out a renewal, the guy on the phone managed to find a price about 20% cheaper than his original one. Not to be outdone, I visited my favourite insurance price comparison site and proceeded to obtain precisely the same cover for a further 20% less than his cheapest quote. I've said it so many times and I'll say it again...NEVER Never never renew any insurance before checking other insurers online. All insurance companies come up with their lowest prices to first-time customers, so take advantage and switch insurers whenever you can get a better price for equivalent or better cover. Unless you've had a very good experience with your current insurer then don't worry about showing disloyalty to them, I bet that they won't show any loyalty to you if you're unfortunate to have to make a claim!. The following link has information on Compare Travel Insurance Prices.

The BGL Group today announced that Peter Winslow is to become Executive Chairman of the BGL Group, and Matthew Donaldson will take the role of Chief Executive Officer. The changes will be effective as of July 1.

Peter Winslow has been Chief Executive of the Group since 1995, and has led the Group through an ongoing period of significant growth. He oversaw the company's transition from underwriting to become an intermediary back in 1997, and led BGL's expansion into new areas from claims management and insurance partnerships, to aggregation and international markets.

Matthew Donaldson joined the Group in 1999 following the acquisition of a high street broker chain. He led the development and execution of the Group's e-commerce entry strategy, resulting in the exponential growth of the existing intermediary businesses and the creation of comparethemarket.com. He became Group Director in 2005 and Group Chief Operating Officer in 2010.

Peter Winslow said: "I have been in this post for just over 18 years, and have presided over and enjoyed being part of massive change in our Group from its days as a direct motor insurer to the business you see today. It has been challenging and it's also been a lot of fun, and I look back and think how fortunate I was to join the Group.

"The time is now right for me to take a more strategic role and become less involved in the day-to-day running of the Group. Matthew has demonstrated exceptional leadership ability as COO. I have total confidence in his drive, commercialism, intellect and passion for the business. He will make a first class CEO."

 

http://www.insurancedaily.co.uk/2013/03/26/bgl-group-announces-new-executive-chairman-and-ceo/

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