BGL Group announces new executive chairman and CEO
by Brian Turner
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.”