Reinsurance News

The Clear Group appoints Mandy Hunt as MGA Managing Director

19th April 2024 - Author: Saumya Jain

Insurance broker The Clear Group has appointed Mandy Hunt as the Managing Director of its MGA business, subject to regulatory approval.

handshakeHunt joins the main Clear Group operating board, and brings significant experience from several leadership roles in major insurance businesses, across broking and underwriting.

She was formerly the Chief Underwriting Officer for the commercial business at RSA and has over 30 years of experience within the insurance industry.

Mike Edgeley, Group Chief Executive Officer, commented, “It is testament to the strength of the Clear business that we have been able to attract someone of Mandy’s calibre.

“Her appointment marks an important moment in our strategy as we continue to build our MGA capability for brokers. The Clear MGA strategy is growing at pace as we continue to attract underwriting firms and teams who we can develop and thrive by broadening and enhancing their proposition.”

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Hunt has also served as the Managing Director of the Insurance Corporation of the Channel Islands, and Regional Manager for RSA’s Redhill trading site. She is the current chair of the CII’s Underwriting Community Board.

In 2023, The Clear Group diversified its portfolio by acquiring three MGA businesses, Profile Underwriting Limited, One Commercial Specialty Limited, and a 50% shareholding in Thomond Underwriting based in Ireland.

These acquisitions aim to develop an MGA capability, a central pillar of Clear’s growth strategy, providing a capability and international reach to brokers in the Irish and UK markets.

Hunt concluded, “I’m really excited to lead Clear’s MGA proposition. We have some great MGA businesses and people from which we can strengthen our market position.

“Watching from the sidelines, I have always been impressed at how Clear has progressed, grown and the strides it has made. The staff at Clear make it what it is, and I’m delighted to now be part of that team and the exciting future we have in front of us.”

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