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23 September 2019Insurance

DARAG hires Zurich's Andrew Hill as group COO

European legacy acquirer DARAG Group has appointed Andrew Hill as its new group chief operating officer (COO), based in London.

Hill joins DARAG from Zurich Insurance Company, where he has led the legacy solutions’ restructuring team in North America since 2017. He was recently based in New York and previously spent four years with the same team in London. Prior to that, Hill worked in KPMG’s financial sector transaction services team in London, focusing on insurance.

Tom Booth, group CEO at DARAG, said: “The talent within our team and their in-depth understanding of legacy and the wider insurance market is one of the key drivers of DARAG’s continued success. Our numerous recently announced deals, geographical expansion and the growing pipeline have meant that optimising our operational efficiency is a key priority for the Group.

"Andrew’s broad experience in legacy, his drive and attention to detail, together with his familiarity of both the North American and European legacy markets will contribute greatly to DARAG’s operational development. We are very pleased to welcome Andrew to our management team and I look forward to working with him on building out DARAG’s footprint over the coming years.”

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