Specialist legacy M&A firm DARAG appoints James Insley CFO
DARAG, a company that focuses on buying legacy firms, has hired James Insley to be CFO, reporting to Tom Booth, CEO, pending regulatory approval.
The appointment will be effective from September 2, 2019.
Current group CFO James Halley, who helped upscale the business’s strategic capital and was involved in the group’s recent expansion, will leave the business in mid-September.
Booth said: “James Halley helped complete the investment by Aleph and Crestview into DARAG, which was a crucial milestone in the delivery of our exciting expansion during the past year. James also built a finance team and brought in improved processes across the group which leave us very well equipped for the future. We are extremely grateful for his work during this recent transformational period as well as the deep experience and professionalism he brought to the role. James has decided to pursue other opportunities and we wish him very well, knowing that he will be an asset to any business he joins, as he has indeed been for DARAG during the past year.”
Insley joins the firm with 20 years of insurance industry experience. Most recently he was European CFO of the Warranty Group. Prior to joining the Warranty Group, he had a distinguished career at Brit, holding a succession of senior roles, including head of group financial performance and head of capital management. He started in insurance as assistant international controller at GE, before joining Swiss Re after GE Frankona was acquired by the Swiss reinsurer.
Booth commented: "DARAG continues to grow, with an excellent deal pipeline, the ongoing execution of which is raising the group’s profile, further adding to its excellent track record and bringing greater diversification, balance sheet strength and capital efficiency. James Insley is a deeply experienced and skilled finance professional in the insurance sector and we look forward to welcoming him as part of the management team as we continue to develop DARAG for the long term.
Get all the latest re/insurance industry news with our daily newsletter - sign up here.
Hong Kong airport protests highlight ground accumulation exposure
P&C ‘can catch up with’ personal lines gains in advanced analytics, finds report
SSL Endeavour unveils veteran senior hires as it finalises ‘significant’ M&A
Tokio Marine teams up with innovation platform that nurtures insurtechs
MS Amlin starts trading risk digitally via London-based technology firm
Feature: 10 ways insurers are using insurtech to drive new business
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze