Legacy acquirer DARAG Group has appointed Andrew Pryde to the new role of Chief Risk Officer, where he will report to the group’s Chief Executive Officer, Tom Booth.
Pryde joins from Beazley, where he held the CRO role for more than ten years, and brings valuable experience of implementing leading edge and valued risk management, capital modelling and exposure management frameworks, as well as undertaking transactional own risk solvency assessments to support decision making.
At Beazley, he was also an executive director and board member of the group’s main insurance undertaking, Beazley Furlonge.
Pryde has held roles at BHI Digital LLC and Lodestone Security LLC, where he was chairman of the board, and began his career at PwC, where he stayed for nine years.
Booth said: “We are delighted to bring Andrew on board to further strengthen our risk management capabilities throughout DARAG Group.
“He has vital global experience in enterprise risk management, capital modelling and exposure management, coupled with excellent commercial awareness, as well as holding strong relationships with regulators.
“He adds strength in depth to our senior team as we continue to focus on operational efficiency and offering the best possible legacy solutions to our clients.”
Pryde added: “I am thrilled to be joining the executive management team at DARAG.
“I have been particularly impressed with the skill and expertise of everyone I have met and by the Group’s collegiate and inclusive culture that Tom has cultivated.”
