Former AA Insurance boss steps down
Kevin Sinclair has stepped down as managing director of iprism after less than 18 months in the job.
Sinclair, who is currently on gardening leave, joined the underwriting agency from the AA following its merger with Saga in 2007. It is not known whether he has another job to go to.
Gary Burke, iprism’s chief executive, will take on the day-to-day running of the company.
Iprism announced this week that it has signed strategic partnerships with a range of brokers and distribution partners to secure at least £10m GWP of extra business transacted via its portal. This puts it on track to secure £25m GWP in 2010.
Iprism also recently added Zurich and Fortis to its panel, increasing the number of supporting insurers to 14.
Burke said: “When we set out nearly two years ago we intended to build on what was, from the start, the fastest and most comprehensive SME comparative quote facility for UK brokers. The expansion of the product portfolio and increase in the number of insurers has since then been developed at every step in close consultation with brokers.”