Esure director to step down to avoid conflicts of interest
A non-executive director of insurance provider esure Group, Mike Evans, has stepped down to avoid potential conflicts of interest following a transaction involving another company on whose board he sits.
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That comes after Zoopla Property, of which Evans is chairman, announced it had completed the purchase of Ulysees Enterprises, the price comparison website.
Both esure's board and Evans recognised the potential for conflicts of interest relating to the group's ownership of gocompare.com, a rival website.
Evans will leave once a replacement has been appointed, which is expected by early September.
He will not take part in any discussions to do with gocompare.com or receive any materials related to it.