The 50-year-old father-of-two has over 30 years of experience in the sector, holding high profile roles at both Liverpool Victoria and the Association of British Insurers, before setting up his own consultancy business.
Stuart joins at the end of July and will work alongside Maria until August, to ensure a smooth handover.
“It’s a cliché but I am really excited to be joining Engage. It has always been on my ‘one- to-watch’ list, and I have been very impressed by the direction it is heading in after my conversations with Pete (CEO, Peter Burrows) and the exec team,” he said.
“It’s also good to be returning to my roots as I am Yorkshire born-and-bred and of course it’s great to be working for a mutual once more.”
The former chairman of trade body Investment Life Assurance Group Limited (ILAG), Stuart is an expert in routes to market working with IFAs and also creating direct to consumer products.
“We will be sad to see Maria go but are delighted to have someone of Stuart’s calibre joining us given his wealth of experience both in protection and financial services as a whole,” said Peter Burrows, CEO of Engage Mutual.
“He brings an extra dynamic to the team which will be invaluable to our sales development and we look forward to having this added dimension when he joins us.”
Engage Mutual is one of the larger UK mutuals providing simple, value for money health, protection, savings and investment products to around 500,000 customers. A pioneer in the over 50s market, its over 50s life insurance has a maximum 5 Star Defaqto Rating.