Ian Teague has been appointed as finance director at The Exchange. Reporting to David Child, managing director, he will be responsible for the finance and human resource departments in addition to the portal provider’s commercial development programme.
Within this programme The Exchange is committed to developing technology services that deliver practical benefits to intermediaries both in terms of writing new business and servicing existing clients cost effectively.
This will enable The Exchange to maintain its position as the portal of choice for the majority of intermediaries. It currently has around 20,000 registered users and processed 91 million quotes in 2003.
Ian joins The Exchange from Assureweb, part of the Misys Group, with whom he has worked for the past six years. Ian's last two years with Assureweb firstly saw him take on the role of finance director and latterly that of director of commercial development.
Ian Teague, finance director, comments: "Joining The Exchange was an easy decision. As the independent market leader it is much better placed to deliver the industry's vision for full electronic trading in the intermediary sector and I look forward to helping to shape the future direction of the business."