DARAG Group Limited, a firm that focuses on acquiring legacies, has named James Insley as group chief financial officer (CFO), effective 2 September 2019 reporting to Tom Booth, CEO.
Insley will replace current group CFO James Halley who helped upscale the businesses strategic capital and was involved in the group’s recent expansions. He will depart mid-September.
Insley brings 2 decades of industry experience, most recently served as the European CFO of the Warranty Group. Prior to that, he held a number of senior roles at Brit including head of group financial performance and head of capital management.
Booth commented: “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,”
Adding: "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.”