The growth market is to be established in July.

Allan Freeth, formerly chief executive of TelstraClear, has been appointed chairman and international marketing executive Ian Christie will act as an independent director. Allan Morris, who has been chairman, will remain on the board as a non-executive director.

Chief executive Ian Black said the firm was attracting keen interest from financial services organisations with a strong client base of small and medium enterprises.

Triplejump is poised to take its cloud-based solution global with support from some of the world’s leading insurers and re-insurers. The company has a franchise network in New Zealand and is  engaged with potential licensees in Australia and Britain.

The Albany-based company’s global ambitions have been further advanced with the recent signing of a strategic agreement with one of the world’s largest reinsurers as a partner in tapping the identified £1.5 trillion market opportunity in Britain.

“This is a watershed agreement with the potential to be replicated in other major markets,” Black said. “Triplejump is expanding its board to provide the appropriate level of governance for the growth opportunities we are now enjoying. In Allan Freeth and Ian Christie we believe we have found two outstanding candidates with the skills and experience to help Triplejump achieve its goal of becoming a global leader in providing risk advice solutions to small and medium enterprises.”