Family-owned broker announces senior hire as leader steps down

Family-owned broker TL Dallas has appointed Peter Hodgson as its new director of trade credit.

Hodgson will succeed Simon Hyde, who has decided to retire in early 2025.

Hyde has been with TL Dallas for the last 25 years and most recently led the trade credit team.

He will work with Hodgson to help with the transition before leaving.

Hodgson said: “TL Dallas has an enviable client base, many of which have been with the firm for decades, and it is renowned in the market for providing a personal service and having a dedicated and knowledgeable trade credit team.

“I’m looking forward to helping the firm continue to grow, whilst supporting businesses of all sizes by protecting them from the risk of non-payment and late payment, which is often a key reason why companies fail.”

‘New challenge’

Hodgson will lead the trade credit teams in Bradford, Falkirk and Glasgow.

Polly Staveley, group managing director at TL Dallas, said the appointee had decided to join the firm after helping grow independent insurance broker Reynolds.

She said: “We are thrilled that Hodgson is joining us.

“He was looking for a new challenge and given his experience in helping to grow independent insurance broker Reynolds, both before and after its sale, together with his excellent knowledge of the market, we feel he is very well placed to lead and grow our trade credit team.”