PowerPlace intent on doubling distribution through internet
Move online would put PowerPlace "in the spotlight" says Matthew Reed
PowerPlace's new chief executive has stated his intention to double its broker base by taking the facility beyond Open GI to provide access directly via the internet.
Matthew Reed revealed his plans in response to Towergate Partnership executive chairman Peter Cullum's demand for PowerPlace to achieve a £100 gross written premium (GWP) by next year. The company's current GWP is £18m.
Mr Reed, former sales and marketing director for Towergate Risk Solutions, said: "I think Peter Cullum has more
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