BGL Group News
Peter Winslow CBE, Executive Chairman
Peter Winslow has led the BGL Group since 1995, developing it from a direct insurer operating a single motor insurance brand to a Group of companies responsible for some of the best known names in financial services. In 2011/12 the Group delivered an annual profit of more than £88m.
Under Peter's leadership, the Group has grown rapidly and successfully diversified into new areas. In 1999 the Budget brand expanded into home insurance. October 2001 saw the company move into motorcycle insurance with the acquisition of Coventry-based Dial Direct and Bennetts. The following year, the group launched its affinity business, Junction, which now enables some of the UK's best known brands to offer insurance products to their customers. ACM, the accident claims management arm of the Group, was launched in 2003, and two years later the Group created a new price comparison site, comparethemarket.com. In 2010 BGL acquired its first non-UK business, Courtanet, a French price comparison operation, and similarly one in Holland, Verzekeringssite in July 2012.
Peter qualified as an accountant before joining a specialist publishing business, which was later acquired by Harper Collins. He became Finance Director of Harper Collins in 1989 and subsequently held the role of Chief Executive from 1990 to 1994, before joining the BGL Group as Deputy CEO. In 1997 he became CEO and then from 1st July 2013, Chairman.
Peter was awarded a CBE in the 2012 New Year's Honours List, in recognition of his contribution to Financial Services.
Matthew Donaldson, Chief Executive Officer, BGL Group
Matthew has twenty years' experience in financial services and holds an MBA. Prior to joining the Group, Matthew held a number of senior posts in retail financial services and general insurance distribution, joining the Group in 1999 following the acquisition of a high street broker chain.
In 2004, as Managing Director of BRL (Budget Retail Limited), Matthew also led the development and execution of the Group's eCommerce entry strategy, resulting in the exponential growth of the existing intermediary businesses and the creation of comparethemarket.com. In 2005, Matthew was appointed as Group Director to manage a portfolio of existing and emerging businesses, becoming Chief Operating Officer in 2010. Over this period, he led the growth of the commercial operations within the Group and held responsibility for all of the Group's UK trading entities, Group HR, LesFurets.com (France) and Verzekeringssite.nl (The Netherlands).
Matthew was appointed to the role of Chief Executive Officer, BGL Group, in July 2013.
Alasdair Lenman, Chief Financial Officer
Alasdair joined the Group in September 2012 as Deputy Chief Financial Officer – a new position within the Group – and was promoted to the position of Chief Financial Officer, in July 2013.
Alasdair joined BGL from Lloyds Banking Group, where he was Finance Director, Retail Products and Intermediaries. As part of the leadership team, Alasdair held joint responsibility for the financial and commercial development of all retail banking products. During his time at Lloyds, Alasdair led a number of programmes, including the establishment of BGL's motor insurance contract with Lloyds via Junction, the Group's partnerships business.
Alasdair's past positions include Deputy Chairman of Sainsbury's Bank and Chairman of the Audit Committee.