The Mutual Group Appoints Shannon Woods as General Counsel and Chief Compliance Officer

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Shannon Woods, General Counsel & Chief Compliance Officer of The Mutual Group (Photo: Business Wire)

WEST DES MOINES, Iow – TMG Insurance Services, LLC (“The Mutual Group” or the “Company”), an integrated insurance operations platform serving the mutual industry, today announced that Shannon Woods, an experienced C-suite legal and strategic executive, has joined as General Counsel and Chief Compliance Officer. Woods brings to The Mutual Group over two decades of experience with a strong track record of leading highly regulated organizations through complex compliance environments, robust growth initiatives and high-value mergers and acquisitions.

In this newly created role, Woods will lead the development and execution of the company’s overall legal and regulatory strategies, with responsibility for the legal and compliance functions. With extensive knowledge of the insurance regulatory environment and demonstrated expertise in driving operational excellence, Woods is a crucial addition to the leadership team as The Mutual Group continues to expand its suite of dedicated mutual insurance solutions.

“We are excited to welcome Shannon and her unique combination of legal expertise and experienced strategic leadership as we continue to help mutual insurers thrive amid an increasingly complex risk and regulatory environment,” said Tim Fleming, Chief Executive Officer of The Mutual Group. “Shannon’s counsel, insight and proven experience scaling businesses across a variety of highly regulated industries, including insurance, will be valuable in supporting and advancing our organization.”

Woods joins The Mutual Group from Mindr Co., where she led as Chief Legal and Strategy Officer. Previously, Woods was an Associate Vice President, Assistant General Counsel and Compliance Officer at Hy-Vee, Inc. Before her successful in-house career, Woods was in private practice, ending her career as partner at Whitfield & Eddy. She is a distinguished alum of Buena Vista University and Drake University Law School.

“I am thrilled to join The Mutual Group and partner with its talented leadership team as we continue to deliver industry-leading capabilities and solutions to the complex challenges of the mutual insurance industry,” said Woods. “I look forward to leveraging my experience in leading legal teams, managing complex transactions and navigating a complicated regulatory environment to accelerate the growth of The Mutual Group and its commitment to securing a successful future for its member companies.”

About The Mutual Group
The Mutual Group delivers innovative insurance services dedicated to the long-term success and independence of mutual insurance carriers. Based in West Des Moines, Iowa, The Mutual Group and its more than 400 employees support the company’s four service verticals: underwriting, claims, corporate services, and technology. The Mutual Group, which has more than $800 million in annual premium serviced across 50,000 commercial policyholders, is led by a group of seasoned industry experts with deep experience in leading innovative insurance companies across a variety of subsectors. For more information, please visit TheMutualGroup.com.