'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.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.