Grant Georgiades will become the new MD of The Plan Group from the 1st of January 2018. The brokerage currently operates under commercial motor brand Plan Insurance Brokers and pedal bike specialist Yellow Jersey Cycle Insurance.
The company confirmed that Grant, the youngest of three brothers involved in the running of the family business, will step up from his position as Marketing Director. He will replace middle brother Ryan, who will now combine the duties of Chairman for the group with the role of Yellow Jersey’s MD as he oversees the expansion of their exciting bicycle start up.
Eldest brother and co-founder Scott will continue in his Corporate Development role for the group. Their father Peter, who co-founded the business in 1989 with Scott, will carry on in the company’s commercial team, developing our motor trade combined accounts.
Grant has worked in the company since 2006, after leaving a successful media career to take responsibility for the firm’s marketing. He said: "I’m incredibly honoured to have been trusted with this responsibility by the board and my family. It’s a very exciting time for Plan. We’re aiming for substantial growth via our existing product lines, new product launches and possible acquisitions. As a result, we’ll be making further announcements in the near future.”
The company has made strong gains in the last 18 months, particularly in the taxi insurance market, having benefited from instability at rival providers. Georgiades feels this consistency is something to maintain:
“As we grow, it’s really important to me that we continue with the same long-term approach and carry on offering a high level of personal care and attention. Both of which, I believe, stem from being part of a family business. The experience and support of our existing board will be essential to me if we’re going to see our ambitious plans come to fruition and I’m very much looking forward to the new challenge.”
Out-going MD Ryan explained the reasoning behind the changes, “Grant has a fantastically strategic approach and a thorough knowledge of the workings of the company. He’s already been performing a number of the duties over the last few years whilst I’ve been occupied by Yellow Jersey. So, this announcement really makes the status quo official. I have every confidence that he’ll steer the company in the right direction and will ensure that we reach our growth targets. I’ll still be on hand to offer input when required. In the mean-time, the growth of our start up Yellow Jersey is proving challenging and fruitful in equal measure. So, I’ll have my hands full managing its development.”
The Plan Group currently controls in excess of £20 million GWP and employs over 80 team members. The majority of the business is in niche motor trade and taxi product lines.