Citynet Insurance Brokers has appointed Simon Fitter as an account executive within its growing motor fleet operation.
According to the firm, Fitter has been involved in the motor insurance industry since 1985 and was originally an underwriter at Paladin Motor Policies before moving on to hold senior underwriting positions at Brit, Markel and Newline. Since 2013 he was head of motor for Direct Insurance London Markets (DILM).
Fitter said: “The biggest change I have witnessed in the Motor Fleet sector throughout my career, has been the demise of Lloyd’s Syndicates, the rise of MGA’s and the dominance of company markets which we have had to adapt to.
“Challenges that brokers have faced in recent years, have been keeping up with the changing markets, their capacity and business appetite to name but a few, however, as long as we maintain and develop relationships and have a clear understanding of their product this can be overcome.”
Citynet said its motor fleet division has grown “dramatically” in recent years, and added that the “exceptionally strong relationships” with the carriers and the very broad market access has made it one of the “leading fleet wholesalers in the London market”.
Andrew Walsh, managing director, said: “I have known Simon for a long time, and I am acutely aware of his ability. He made the transition from a Lloyd’s Box Underwriter to full time broker look easy and has quickly become one of the motor markets most respected individuals.
“This is the strongest motor team that I have been involved with, a bold statement when you consider that my 20 years plus experience has been spent working within wholesale brokers who specialise in this class.”
He added: “Our growth across the business is almost exclusively due to our ability to negotiate in the London motor market, an even greater achievement when you consider that we still represent far fewer UK retailers when compared to our competitors.
“We are fast becoming the broker of choice when it comes to placing motor business and I expect that Citynet will be market leading in this class over the years to come.”