Markerstudy restructures retail division

The retail division of Markerstudy is undergoing a refocus, following the resignation of managing director, Russell Bence, who leaves the company on 30 April after seven years.

The division, which employs nearly 700 staff, will be restructured into four distinct units, with the incumbent operations directors promoted to the positions of divisional heads and reporting to Martyn Holman, group commercial director.

Ross Barrington, who transferred to Markerstudy in November 2013 when the group acquired the BDML Connect business from Capita, will head up insurer relations, along with brands Insurance Factory, Insurance Shop and BDML.

Richard Morley will continue his responsibility for the classic car insurance brand Lancaster. Amanda Kerry-Wallington will continue as figurehead of the specialist insurance broker and claims administrator, Supercover, which was acquired by the group in 2014. And Neil Muldoon secures the top position for brands Insurance Choice and The Policy Shop.

Martyn Holman commented, ‘This is a hugely exciting opportunity for the new divisional heads to grow their sectors with greater autonomy. Promoting from within is our preference, ensuring we lose nothing of the specialist brand knowledge and experience gained over many years. I have every confidence in Ross, Richard, Amanda and Neil to drive their brands forward.

‘We of course thank Russell for the part he has played in growing the retail division by 70% during his tenure, and we wish him every success in his next role.’