A new chief executive will be announced in due course
The Motor Insurers’ Bureau (MIB) has announced that Dominic Clayden will step down as its chief executive.
In a statement released yesterday (18 January 2024), the MIB said Clayden would finish his role as top boss at the end of June after spending six years with the organisation.
A new chief executive, who has already been appointed and will be announced in due course, will begin on 1 July.
Clayden will stay on at MIB as a strategic advisor until the end of the year, working alongside the new chief executive to ensure a smooth transition.
Chairman Mike Crane said that conversations and planning for Clayden’s exit began around 18 months ago.
“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 chief executive,” he added.
‘Absolute privilege’
Clayden joined the MIB in 2018 and during his time as top boss helped bring down the number of open claims cases to its lowest level in nearly 10 years.
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He also helped develop and launch the Official Injury Claim portal as part of the Ministry of Justice’s whiplash reforms.
“He should be extremely proud of what MIB has achieved under his leadership,” Crane added.
“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.”
Clayden added that it had been “an absolute privilege to lead” the MIB.
“Alongside the achievements that 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,” he said.
“We have modernised operationally, technologically and culturally and I believe MIB has a strong platform to further evolve and improve.”
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
Now working within the insurance sector, James has a particular focus on motor, M&A activity and financial reporting.View full Profile
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