Date: Friday 27 May 2022
Tell us about your business and what services do you offer?
MAC Group is an innovative group of companies comprising MAC Financial, MAC Financial Pension Trustees and MAC Commercial. Peter O’Donnell is an Associate Director at MAC Commercial, an expert all-inclusive corporate insurance broking service which was established in 2009. “I’ve been an Associate Director at MAC Commercial since 2020. We specialise in Commercial Insurance for all business sectors including Trust and Corporate Service Providers, E-Gaming and Financial Services. We understand that the insurance market has been experiencing a hard market in recent years and therefore specialise in assisting our clients in obtaining the appropriate cover whether it be Professional Indemnity, Director’s & Officer’s or Cyber insurance for their business. We also offer an established Property Owners blanket scheme for large property portfolios and commercial properties, Business Travel Cover as well as High Net Worth Cover. We have the knowledge and skills to arrange flexible and creative solutions for standard or unique risks, delivered through a local presence. Through utilising our market leverage in conjunction with our insurance partners, MAC clients benefit from bespoke and enhanced insurance policies with reduced premiums.
Rebecca Netten was recently promoted to Head of Corporate Advisory at MAC Financial, the Isle of Man’s largest IFA - “At MAC Financial, the corporate services include group pensions, life insurance, critical illness and income protection and we are increasing the support we give to companies for their financial wellbeing strategies. Ed Walter, who was also recently promoted as Head of Private Clients Advisory - “Our Private Client service has grown over the last couple of years, and we offer a holistic approach to every life stage of an individual’s growth and protection of wealth, ensuring planning for short, medium and long-term goals are in place.”
Rebecca Netten
Do you have any events coming up or current projects you can share with us?
Rebecca Netten – “Always! MAC is a fast-moving company. We maintain a consistent approach for our clients but we continuously look at how we can change to improve services for our clients behind the scenes. As many companies did, we too took on the great digital revolution from Covid and this has kick started a number of projects we were quietly working on. We’re looking forward to sharing the first of these project with you in the coming months which will bring a great benefit to our corporate clients.”
Ed Walter – “We have just completed a re-vamp of our offices to improve the private client experience of visiting MAC and our team has grown substantially in the last year to accommodate our business growth. One of the projects we can share with you at the moment, is the growth of the MAC Academy. The Isle of Man has fantastic career opportunities and we are hoping to enhance that for those seeking a career in finance. We have restructured MAC to allow for total progression from pre-qualified finance fans through to experienced IFAs, heads of departments and directors. The MAC Academy however doesn’t just aim to help those that are wanting a career in finance but we are building financial education to suit those at all levels of money knowledge. It’s quite an exciting development and we hope to be completing and advertising the opportunities soon.
Ed Walter
What are your plans and goals for the future?
Peter O’Donnell
Peter O’Donnell – “Our long-term goal At MAC Commercial, is to continue to provide an outstanding professional personal service with tailored solutions for all our clients. We are always looking for insurance solutions for new emerging risks, particularly in the crypto and blockchain sector and with Esports featuring in the Olympics 2024, we have built on our excellent and established cyber cover to focus on how we can support this sector.”
Rebecca Netten – “MAC Financial want to continue to be the number one resource to aide businesses on the Isle of Man in meeting the financial wellbeing needs of their employees. Our future is to continue in this path but adding more ingenuity, efficiency and services along the way.”
Where are you based and how can people contact you?
We are based on Athol Street in Douglas and people are able to walk in, give us a call on 639450 or visit macgroup.im/contact
Finally, why is Chamber membership so important to you?
Without doubt the best way that we as businesses can grow and succeed is about sharing knowledge and supporting each other. This is the way that the Isle of Man can continue to succeed and flourish and the work that Chamber do perfectly meets that need. Chamber keeps us organised with regular reminders, updates and initiatives that keep the business community working together. They keep the conversations going and the knowledge sharing so as a business community, we can all succeed.
To contact the MAC Group team please click here