James Insley has joined DARAG as group CFO, reporting to CEO Tom Booth.
Insley brings with him 20 years of insurance industry experience to the role, most recently working as European CFO of the Warranty Group from July 2016.
Insley will replace James Halley, who will leave the firm mid-September.
At DARAG, Halley assisted the completion of the business’s strategic capital upscaling and the group’s recent expansion.
Booth said: “James Halley helped complete the investment by Aleph and Crestview into DARAG, which was a crucial milestone in the delivery of DARAG’s exciting expansion during the past year.”
He added: "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.”
He continued: “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.