AUTOMOTIVE Finance and Insurance technology specialist DealTrak has appointed a number of new faces and restructured its senior teams, as it gears up for growth over the next 12 months.
There is a fresh Executive Committee led by Managing Director Martin Hill. Ian Tinker joins as Commercial Director following almost 20 years working in the automotive industry, and Joanna Burton has come on board as Financial Controller.
Head of Insurance Christian Ingrey has assumed additional responsibility as Head of Data Strategy, Ben Moore is now IT Director and the sixth ExCo member is Operations Director Steve Lees, who has been with the business since July 2016.
DealTrak has also formed a new six-strong management team comprising the company’s new Head of Marketing Simon Banoub, recently-appointed Business Development Manager Jon Sheard and Product Manager Katie Barwood who joined the business in March.
Together with DealTrak’s long-standing Head of Consumer Credit Neil Watkiss, Compliance Manager Sam Marsden and Head of Business Support Lisa McNaught, they will help to ensure product, service and culture consistency during this period of significant expansion.
Based at Leeds Dock on the fringe of the city, the £3.6m turnover business has consistently recorded double-digit growth annually since 2013, as a result of its technology now being used by 1,100 dealerships.
DealTrak passed more than 3.6 million proposals through the platform in 2018 alone – representing potential transactions totalling £9.6bn.
The company has bold plans for the future, with a 130% client uplift target by 2021, a 40% increase in the value of automotive lending through the platform, as well as a 200% rise in the number of insurance policy registrations.
Hill said: “The formation of a new ExCo and management team may seem like major change, but it’s all part of our new swathe of people-led direction. We’re now clearer on who is responsible for what, we’ve appointed some of the most experienced talent in the industry to take on our newly-created roles.”