New directors are named to join BGL

Insurance giant appoints two new non-executive directors

A leading digital distributor of insurance has named two new non-executive directors to join its board.

The BGL Group, which employs more than 1,000 staff at its offices in Bakewell Road, Orton Southgate, has announced the appointment of the Timo Boldt, the founder and chief executive of fast growing technology company, recipe box Gousto, to the BGL (Holdings) Group Board.

Before creating Gousto,

Mr Boldt spent most of his career as a hedge fund manager and was named Young Entrepreneur of the Year at the GB Entrepreneur Awards while Gousto was crowned winner of the UK Customer Experience Awards.

In addition, Thomas Chambers, who is chair of Propel London, a leading UK digital new media, marketing and IT recruitment agency, will join the board at BGL’s comparethemarket.com.

Debbie Hewitt, chair of the BGL Group and comparethemarket. com, said: “I am pleased to welcome both Ti mo and Thomas to the business.

“Timo’s track record in building a successful digitally disruptive business, which truly puts the customer at the heart of its innovative proposition, will be invaluable toBGL as we enter the next phase of growth.”

She added :“Thomas brings a wealth of experience in sectors highly relevant to comparethemarket.com and his extensive expertise will continue to strengthen the team.”

The two join as the BGL Group welcome sits new chief executuve Mark Bailie, who joined the company at the start of the month, andreplaces outgoing chief executive MatthewDonaldson, who leaves after 20 years’ service.

Timo Boldt joins the BGL Group as a non-executive director.