MCL InsureTech Sponsors Supertwin Race

MCL InsureTech Sponsors Supertwin race at 2019 fonaCAB International North West 200 in association with Nicholl Oils

Coleraine based online insurance provider MCL InsureTech will sponsor the Thursday evening Supertwin Race at the 2019 fonaCAB International North West 200 in association with Nicholl Oils during May 12-18 race week.

MCL InsureTech currently insures almost 1 in 20 vehicles in the Republic of Ireland, business worth almost £70.5 million.

“We’re now expanding our business and launching our brands in Northern Ireland”, Gary McClarty, Chief Executive of MCL InsureTech Ltd said.

“Our aim is to secure 5% to 10% of the local online car insurance market within five years and our involvement in sponsorship of the International NW200 will help us to grow our brand.”

As part of its Northern Ireland expansion plan, MCL InsureTech will create 10 new jobs in the next six months, with a further 40 new jobs envisaged over the next three to five years. Staff numbers at the organisation have more than tripled over the last decade from 30 to 102.

“The North West 200 is celebrating its 90th anniversary in 2019 and MCL InsureTech’s Republic of Ireland operation is celebrating its 10th anniversary this year.” NW200 Event Director Mervyn Whyte said.

“Both play an important role in the economy of the North Coast region and we hope the global exposure MCL InsureTech will receive as a result of the sponsorship of the Supertwin Race will assist this leading insurance provider with its expansion plans.”

MCL InsureTech’s flagship brands in Republic of Ireland are: www.its4women.ie which provides online insurance for women; www.25plus.ie which offers online home, car, travel, health and property insurance for the over 25s; and www.boxymo.ie which rewards better driving and offers younger drivers competitive insurance.

MCL InsureTech also own a software programming company DotSys Ltd which provides financial software solutions to the financial services industry.

Gary McClarty, Chief Executive, MCL InsureTech – biography

As Chief Executive of Coleraine-based online insurance company MCL InsureTech, Gary McClarty has worked in the insurance industry for over 25 years.

By embracing an innovative online digital strategy for MCL InsureTech, Gary transformed a small family brokerage with three offices in Coleraine, Ballymoney and Limavady to one of the leading online insurance providers in Ireland.

The company’s flagship brands in Republic of Ireland are: www.its4women.ie which provides online insurance for women; www.25plus.ie which offers online home, car, travel, health and property insurance for the over 25s; and www.boxymo.iewhich rewards better driving and offers younger drivers competitive insurance.

MCL InsureTech also own a software programming company DotSys Ltd which provides financial software solutions to the financial services industry.

Staff numbers at the organisation have more than tripled over the last decade, up from 30 to 102. Over the next five years MCL InsureTech aims to recruit a further 50 staff and secure 5% to 10% of the online car insurance market in Northern Ireland, using “in house” developed IT systems to provide a competitive advantage.

The company was recently shortlisted for three awards in the prestigious Insurance Times Awards, which celebrate excellence and innovation within the UK insurance industry and aim to honour companies who have led the way in digital innovation, customer service and professionalism. The awards were for Customer Marketing Campaign of the Year, Excellence in Technology (Broker) and Personal Lines Broker of the Year.

Gary graduated from Ulster University with a BA (Hons) Business Studies Diploma in Industrial Studies and in his early career he worked for IBM in London. He is married with three children and his interests include travelling, cycling, skiing and golf.