Managing director Penny Searles is leaving the telematics expert after seven years

Exit

Wunelli founder and managing director Penny Searles is leaving the company after five years in the role.

Searles co-founded the company with Wunelli’s current R&D director, Paul Stacy, after joining from TML, part of the Kensington Group, in 2008 to launch broker Coverbox.

She was named managing director in 2010.

Searles said: ”Wunelli continues to grow and deliver leading telematics solutions to our customers since the acquisition by LexisNexis and, I am pleased, to say is experiencing a record year in 2015.

”I decided that the time is right to leave my role as managing director so that I can pursue other opportunities outside of the organisation in the future.”

A replacement for Searles is yet to be named by Wunelli.