The network aims for £300m gross written premium by his departure

Westinsure managing director Denis Morgan is to leave at the end of the year to “seek other opportunities”.

Morgan stressed there was “no ulterior motive” in leaving the network, which is targeting £300m gross written premium by the time of his departure.

Meanwhile, in a management shake-up, Westinsure’s sales director Max Hardman has been appointed chief executive. The network will also appoint a new head of finance and head of development.

Morgan, who owns a large stake in the network, said: “I will remain as managing director until the end of the year and during that time, I will be working with Max Hardman to strengthen our offering to members and to ensure that we have robust continuity going forwards.

“I also have a personal goal to properly establish Westinsure Online, which I regard as being the first phase in an electronic transition which will enable community-based brokers to compete more effectively in tomorrow’s market.”

Morgan set up broker co-operative, Nexus Group in 2005. The business was integrated into the old Westinsure to create the modern network.

Other developments include a number of appointments including Carol Shrubsole, who joined Westinsure’s sales support team from Keychoice, along with Andy Waring as head of sales, Jason Jackson as operations manager and Trish Buick as member services manager.