Legacy acquirer DARAG Group Limited has announced the appointment of James Insley as Group Chief Financial Officer (CFO), effective from September 2.
He will succeed outgoing CFO James Halley, who is due to leave the business in mid-September.
Insley joins DARAG from the Warranty Group, where he most recently served as European CFO.
Prior to this, he worked at Brit for almost 10 years, holding a succession of senior roles, including as Head of Group Financial Performance and Head of Capital Management.
Insley has a total of 20 years’ experience in the insurance industry, having started his career as Assistant International Controller at GE, before joining Swiss Re after the reinsurer acquired GE Frankona.
In his new role, Insley will report to DARAG CEO Tom Booth, who commented: “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.
“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.”
Addressing the departure of Halley, Booth added: “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.”