DealTrak unveils executive shakeup

Changes come amid targets such as a 200% rise in insurance policy registrations

DealTrak unveils executive shakeup

Technology

By Terry Gangcuangco

Automotive finance and insurance (F&I) technology specialist DealTrak, which is led by managing director Martin Hill (pictured), has rolled out a slew of executive changes amid ambitious targets.

The Leeds-headquartered firm’s bold plans include a 130% client uplift target by 2021, a 40% rise in the value of automotive lending through its platform, and a 200% surge in the number of insurance policy registrations. The £3.6 million turnover business is integrated with at least 200 partners.

Fresh faces include commercial director Ian Tinker and financial controller Joanna Burton. The new executive committee is also made up of IT director Ben Moore and operations director Steve Lees, as well as insurance head Christian Ingrey who now has a wider remit to include data strategy.

In addition, marketing head Simon Banoub, business development manager Jon Sheard, and product manager Katie Barwood have joined consumer credit head Neil Watkiss, compliance manager Sam Marsden, and business support head Lisa McNaught in the management team tasked to ensure product, service, and culture consistency as the business expands significantly.

“So many businesses comment on their culture, but in truth it is often an aside,” commented Hill. “At DealTrak, we’re all clear on our purpose as a company and this shines through in the colleagues we recruit – we have a team of 40 and our retention rate is fundamental to our growth.

“The formation of a new ExCo and management team may seem like major change for DealTrak, but it’s all part of our new swathe of people-led direction.”

The MD noted that they are now clearer on who is responsible for what at the firm, which links motor dealers and finance brokers to finance, insurance, data, and other value-added product and service providers.

“We’ve appointed some of the most experienced talent in the industry to take on our newly-created roles, and we have a much stronger representation of the entire company’s voice at a senior level, as we work towards our ambitious 2021 targets,” he said.

 

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