RACQ Insurance has begun an internal and external search for a new insurance chief after last week confirming the exit of Group Executive Insurance Tracy Green.

GM Claims Trent Sayers will take on the role in an acting capacity until a replacement is found, the insurer said.

Ms Green – who is also on the Insurance Council of Australia board – has held the position for two years, and worked with RACQ for more than four. Previously, she held senior positions at IAG and Suncorp.

“After what’s been a challenging year across the insurance industry, [Ms Green] is leaving the organisation to take a well-earned break,” an RACQ spokesperson told insuranceNEWS.com.au.

“Following some of the worst weather events in Australia’s history and continuing Covid-19 and supply chain impacts, as well as implementing significant regulatory change, Ms Green has decided now is the right time to step back.”

RACQ says Ms Green is “immensely proud of the way RACQ has responded to these unprecedented challenges”.

“With the insurance strategy firmly in place, RACQ is in a strong position to meet the future head on,” the spokesperson said.