Carole Nash appoints former Littlewoods Director to new finance post

Fast growing insurance intermediary Carole Nash Insurance Consultants has appointed former Littlewoods Finance Company Financial Director Allister Hill to the newly created role of Chief Financial Officer.

The recruitment of Mr. Hill, 36, and the creation of the new post signals the company’s determination to ensure its management team has both the expertise and experience necessary to successfully manage its continued rapid growth. Mr. Hill joins having spent over seven years with the Liverpool-based Littlewoods Group, firstly handling project and financial management for the start up of Littlewoods Leisure Group’s Bet Direct operation, before moving on to the executive team of Littlewoods Finance Company. Prior to joining Littlewoods he spent seven years in a variety of financial and business planning roles with American Express.

His appointment comes as Carole Nash - which now employs nearly 400 staff at its Altrincham headquarters and Dublin offices - continues to expand by diversifying from its core motorcycle insurance business in which it is UK market leader. It has already successfully launched a Motorcycle Services division offering security, service and repair facilities and is a major player in the classic car insurance market. In recent months it has also launched a push into the mainstream motor market as it continues to pursue a growth strategy which in the last financial year saw sales surge by 25% to £18.9m and pre-tax profits by 21% to £1.42m. Its premium income – the value of policies sold – is now in excess of £52m. The success of that strategy was confirmed earlier this year when Carole Nash was named among the top 100 UK companies with the fastest growing profits in the annual Sunday Times Fastrack survey.

Commenting on his reasons for joining Carole Nash Mr. Hill said: “Carole Nash is a business with a successful track record for rapid growth, innovation and service excellence. The company’s past performance is an impressive indicator of its ability to maintain profitable growth, building on its core insurance business and continually delivering value to the customer. I am delighted to have been given the opportunity to contribute towards the company’s future success."