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Press Release

BGL Group appoints Managing Director for "own-brand" business

Immediate release: 26 June 2012

The BGL Group today announced the appointment of Mark Townsend as Managing Director of Frontline, its business unit responsible for BGL brands including Budget and Dial Direct.

Mark joins the Group from Capita Insurance Division, the fourth largest personal lines intermediary in the UK, where he was Managing Director. During his eight years with Capita, Mark led the business through a period of aggressive growth, increasing customer numbers, turnover and profit. During Mark's tenure, he successfully executed three major acquisitions and numerous financial services distribution contracts with leading retailers.

Prior to this, Mark was Chief Operating Officer at HSBC Select, which followed six years with Norwich Union where he was Development Manager for National Retail Accounts.

Matthew Donaldson, Chief Operating Officer of the BGL Group, said: "We welcome Mark to the Group. With his extensive market and corporate experience, Mark is exceptionally well placed to lead our Frontline business. This is a turning point for our in-house brands, both of which have substantial numbers of customers thanks to aggregator expertise and strong consumer offerings. We are looking to take these brands to the next level, and Mark will be instrumental in delivering this."

Mark replaces previous Managing Director, Andy Bord, who left the business earlier this year. He will report to David Downie, Group Director, Intermediated Businesses.

Mark Townsend