Clear Insurance Management makes two new board appointments

Independent broker Clear Insurance Management has made two new additions to its board, appointing Tim Money as its chief financial officer and Nick Gallimore as group operations director, subject to FCA approval.

These “step change appointments” are in line with the broker’s business plan following private equity firm ECI Partners becoming Clear Insurance Management’s principle backer in September 2017 – the broker is on course to reach its £50m revenue target during 2022.

Money and Gallimore will join chief executive Howard Lickens, deputy chief executive Gary O’Donnell and director Daniel Innes on the boards of Clear Insurance Management, Morrisons Insurance Services and MPW Insurance Brokers.

Money has worked within private equity and insurance, including as the finance director at Hastings Group. Gallimore, on the other hand, has 25-years of insurance industry experience, including developing and implementing change strategies.

Lickens said: “Both Tim and Nick bring additional talent to our strong leadership team that will help drive the carefully managed growth of the business.

“They join at an exciting time in our history as we look to strengthen the business support functions, drive operational efficiency throughout and improve the experience of our clients.

“Whilst it’s inevitable that Covid-19 will change our business, we remain well positioned to deliver on our business ambitions and goals.”