Life insurance broker, Reassured, has appointed Matthew Donaldson as non-executive chairman.

Donaldson will work closely with the board, Bridgepoint and CEO Steve Marshall, to continue the firm’s growth, digital transformation and corporate partnership expansion.

Donaldson has over 25 years’ experience in the financial services and insurance sector, holding a number of private equity backed chairman roles including Three Rock Group, Ireland and BGLi following its acquisition by Markerstudy Group.

Donaldson spent over 18 years at BGL Group, the distributor of insurance and household financial services in the UK. As group COO, Donaldson led the development of BGL’s digital strategy resulting in the formation of comparethemarket.com. He was appointed group CEO in 2013.

Marshall, CEO at Reassured, said: “We are delighted to welcome Matthew as Chairman of Reassured to continue our growth journey and develop our strategy. Despite testing conditions, we have enjoyed fantastic growth in recent years and are ambitious to continue this trajectory.

“Matthew’s experience and energy will be key to helping us in the next phase of our development.

Donaldson added: “I’m thrilled to be joining the UK’s largest life insurance broker and embarking on a new challenge within the sector. I have long been impressed by Reassured and immediately gelled with Steve and the other senior team members when we met.

“I am excited to help this talented group achieve further, unprecedented growth.”