Ellis Clowes motors into 2012

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Ellis Clowes has announced the appointment of ex-F1 driver and current pundit Mark Blundell as non-executive director.

Mr Blundell has joined the Lloyd's broker as Karen Ellis, the previous managing director, becomes chief executive officer of the group.

Her position as MD has been assumed by Tim Nagle.

Ms Ellis commented: "We set up the Lloyd's broker in November 2010 and followed this in September 2011 with the opening of a second office in Banbury to service our commercial business.

"To continue the momentum I will take a more strategic position and oversee both businesses along with continuing my focus on key clients.

"I am delighted to have such a capable MD in Tim Nagle to manage the Lloyd's business."

She concluded: "It is also great news that Mark Blundell has agreed to join us.

"I have known Mark from his early days in racing and throughout his career both on and off the track; I believe his business skills will, without doubt, be an asset to our firm."

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