'We’re now standing on our own two feet,' says CEO Reed

Online commercial insurance marketplace, PowerPlace has appointed Robert Appleton as finance director.

Appleton will have full accounting responsibility for the business.

He previously held a variety of roles in the finance team at Towergate, most recently as regional finance director.

He will be based at the PowerPlace HQ in Warwick, and will manage a team of six.

PowerPlace chief executive Matthew Reed said: “We’ve got big ambitions and so it is essential that we have the right management structure in place to make sure we manage our growth.

"We’ve enjoyed the support of our parent [Towergate] in the past, but now we’re standing on our own two feet and so I’m delighted to welcome Robert, with his financial management expertise to my senior team.”