Bristol independent insurance broker Venture Insurance has promoted former account director Alec Cole to the position of shareholding director.
Mr Cole, pictured, joined the Clifton-based firm in April 2013 following an approach by managing director Simon James. 
His promotion enables Venture Insurance to continue the expansion which has resulted in premium growth of 25% to £7m in 2014/15.
Mr Cole said: “It’s been a privilege over the past couple of years to be part of a thriving firm which prides itself on its independence and strength of customer service.
“I’m grateful to Simon and the rest of the directors for offering me the opportunity to become more closely involved in the future of the company.”
Collectively, Venture Insurance’s team offers more than 150 years’ experience in insurance across a wide range of industries.
Last year the company, which was set up three years ago, became one of fewer than 100 companies in the UK to have been given Chartered status.
Simon James said: “I am delighted that Alec has accepted this new position with us and his continued involvement really bolsters the strength of what we offer. His expertise and client relationship management skills are highly valuable and we are grateful to have him.”
