Quindell Plc announced that Robert Terry, the company's Chairman, has resigned from the Board of Directors with immediate effect. The Directors believe that, in order to ensure an orderly transition, it is desirable to retain Mr. Terry on a consultancy basis with particular focus on the Group's key relationships and he will be available to assist the Board, where appropriate, in executing its strategy. David Currie will become non-Executive Interim Chairman of the company with immediate effect and a process has begun to find a new Chairman.

Laurence Moorse, Group Finance Director, has agreed with the company that, following the 2015 Annual General Meeting of the company, he will step down from the Board. Mr. Moorse has agreed to remain with the company thereafter for a period of up to twelve months in order to effect an orderly handover. Steve Scott, a non-executive director of Quindell, has agreed with the company that he will step down from the Board with immediate effect.