New Director at Kwik Fit Financial Services

GLASGOW, Scotland - Leading UK insurance intermediary Kwik Fit Financial Services has appointed Stephen Robertson as group pricing director.

Stephen, who has been with Kwik Fit Financial Services since 1997, assumed his new role on 1st September and has overall responsibility for pricing strategy within the KFFS group.

Brendan Devine, group managing director of Kwik Fit Financial Services, said: “Stephen has an outstanding track record with Kwik Fit Financial Services, having forged a successful career in various roles within our business. In 2007 he became responsible for our overall pricing strategy and has been pivotal in ensuring that KFFS continues to provide amongst the most competitive premiums in the market.

“With consumers increasingly shopping around to find the best deals for insurance it’s crucial that we remain competitive. Stephen’s appointment will allow us to stay ahead of the game in terms of pricing and help us to ensure we continue to offer the best possible premiums to consumers. Stephen will be a strong addition to the board at Kwik Fit Financial Services. His appointment will be instrumental in shaping the future growth of the company and driving it forward in what will be an exciting time for the business.”

Stephen Robertson added: “I’m delighted to be appointed to the board of Kwik Fit Financial Services. I’ve spent 12 enjoyable years with the business and seen it grow extensively over this period. This role gives me the opportunity to ensure that our pricing strategy continues to provide growth for KFFS as we look to increase our share of the UK insurance market and provide customers with the most competitive prices available.”

Stephen has had an impressive rise to the boardroom at Kwik Fit Financial Services, beginning his career with the intermediary on a three-month temporary administrator contract back in 1997. From there he took advantage of the company’s career progression initiatives, working across a number of departments before assuming his most recent role of pricing manager in 2007 and his subsequent appointment to the board.

Kwik Fit Financial Services has reported strong trading this year, with revenues rising to GBP64.2 million and total profits reported at GBP9.3m.

Kwik Fit Financial Services comprises Kwik Fit Insurance, The Green Insurance Company and Express Insurance with approximately one million live policies across the group.

Notes to Editors

Kwik Fit Financial Services was launched in 1995 and has grown to become one of the UK’s leading motor insurance distributors, as well as a major presence in home insurance (www.kwik-fitinsurance.com/home/home-insurance.html) and other markets.

The company’s award-winning call centre in Uddingston, Lanarkshire, now employs almost 1000 people, and was named top insurer (17th overall) in the Sunday Times 100 Best Companies to Work For 2009.

Since its launch in 1995, Kwik Fit Financial Services has grown and developed into one of Scotland’s most dynamic contact centres specializing in general insurance, home and car insurance (www.kwik-fitinsurance.com/).

Kwik Fit Financial Services is part of the Kwik Fit Group owned by private equity firm PAI Partners.

The philosophy of the business is to provide the best possible service to customers.

Source: Kwik Fit Insurance *USE THIS ONE**

Contact: Gordon Ross - +44(0)1698-786369