Gallagher has announced the appointment of Neil Clutterbuck (pictured) as chair of Pen Underwriting and independent non-executive director of Arthur J. Gallagher Holdings (UK) Limited, pending regulatory approval.
Clutterbuck, an insurance industry veteran, brings nearly two decades of experience with Allianz, where he held several senior roles, including chief underwriting officer. His tenure at Allianz included responsibilities for underwriting, pricing, and data strategies in regulated environments. Currently, he serves as a senior advisor at Sicsic Advisory, a consultancy specialising in strategic regulatory and risk matters.
Clutterbuck expressed enthusiasm for his new role, highlighting Pen Underwriting’s upcoming milestone. “Next year, Pen celebrates its tenth anniversary and I am looking forward to working with Tom Downey and the management team to deliver its next chapter of growth and achieve its stated aim of becoming a £1 billion GWP business,” he said.
“Gallagher’s business in the UK has a clear vision and well-established client-first culture and I am looking forward to joining and contributing to its continued success. Having worked on the insurer side of the industry for many years, I hope to bring different perspectives and meaningful insights to its existing expertise.”
Gallagher’s UK CEO, Michael Rea, welcomed Clutterbuck’s addition, emphasising his industry reputation and expertise. “Neil is a recognised and respected leader in the insurance industry and we are very happy to welcome him to both our broking and underwriting divisions. The business is in great shape, and his input will be highly valuable for us as we continue to look at opportunities to grow and how we can do an even better job for our clients,” Rea said.
Sue Langley, Gallagher’s non-executive UK chair, also praised Clutterbuck’s appointment. “We’re delighted to have Neil join us as Pen chair and part of the UK board. His experience and market insight will provide a fantastic complement to the skills, talent and expertise of our already strong group of non-executive directors. With Gallagher’s momentum and ambitions, his counsel will be a valued addition to the business in 2025 and beyond,” she said.
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