Motor Insurers’ Bureau chief stepping down after six years

Successor already selected

Motor Insurers’ Bureau chief stepping down after six years

Motor & Fleet

By Terry Gangcuangco

Motor Insurers’ Bureau chief executive Dominic Clayden, who took on the top post in May 2018, is stepping down at the end of June 2024.

In a release, Clayden said: “It has been an absolute privilege to lead such a fantastic organisation over the last six years, and I’m grateful for all the support I’ve had from the market in making these achievements possible. Together we have achieved a great deal at a time when the world has gone through significant change, notably Brexit and a global pandemic.

“Alongside the achievements which have benefited our insurer members and the vital support we have provided victims of uninsured and hit-and-run drivers, I am particularly proud of the way we protected our people through COVID and how it brought us together as an organisation. We have modernised operationally, technologically, and culturally, and I believe MIB has a strong platform to further evolve and improve.”

According to MIB, the achievements include the development and launch of Official Injury Claim.

Meanwhile, it was announced that Clayden’s successor will take over on July 1. The incoming CEO has already been selected, with the appointment to be disclosed before then. To ensure a smooth handover, Clayden will serve as a strategic advisor to MIB for the entire second half.

 “The conversations and planning for Dom’s exit began around 18 months ago, and we have worked closely together to put in a number of steps and key appointments to ensure the business is in a strong position for his departure,” MIB chair Mike Crane noted.

“Dom should be extremely proud of what MIB has achieved under his leadership. He has helped MIB continue to deliver on its core purpose of tackling uninsured and hit-and-run driving but, more than that, Dom has been integral in strengthening MIB’s standing with insurers and key partners as an invaluable asset to the market.

“We wish Dom all the very best with whatever he chooses to pursue next, and we are delighted he will continue with us until the end of the year to support the business transition to our new CEO.”  

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