Yutree Insurance restructures Board as it gears up for next stage of growth

Independent brokers, Yutree Insurance Ltd, are pleased to announce it has restructured its Board of Directors to help continue driving its growth agenda.

With immediate effect Kevin Hancock steps up to Chief Executive Officer, whilst Laura Hancock is promoted to Managing Director. Simon Miller is appointed Commercial Director to focus on the client-facing aspects of the business. Co-founder, Leigh Smart, has stepped back as Chairman of Yutree Insurance Ltd and is now Non-Executive Director whilst remaining Chairman of Yutree Group, the ultimate holding company.

As Yutree continues to grow, the Board has evolved to reflect the roles and responsibilities that each of its members now undertakes to support its next chapter of development.

The changes will support the business as it gathers pace on its ambitious growth journey. As Chief Executive, Kevin Hancock will focus on the high-level strategy and positioning of the company whilst newly-appointed Managing Director, Laura Hancock, will ensure that the strategy is implemented throughout the entire business.

Since its incorporation over a decade ago, the business has established a reputation for excellence both within its underwriting and retail divisions, proven by its renewal retention levels and industry accreditations.

Commenting on the restructure, Chief Executive of Yutree Insurance, Kevin Hancock said: “The appointment of Laura as Managing Director is an exciting milestone in our growth and reflects her increasing influence and leadership both within Yutree as well as reflecting her wider industry influence through her roles with both BIBA and the CII. Simon is well placed to take up the role of Commercial Director and we are ever grateful to Leigh for his support, knowledge and experience as we scale up our ongoing pursuit for growth.”

Kevin continues, “All Board members are highly experienced industry players, each bringing a wealth of expertise, and a shared belief to deliver the company’s ambitious plans in the months and years ahead. The summer will see us making a senior appointment in retail broking to further support the growth of the business.”