DARAG appoints Andrew Hill as COO
DARAG, the leading legacy acquirer, today announces that Andrew Hill is joining DARAG as Group COO, based in London, effective from October 15, subject to regulatory approval.
Hill joins DARAG from Zurich Insurance Company Ltd., where he has led the Legacy Solutions’ Restructuring team in North America since 2017. He has recently based in New York but previously spent 4 years with the same team in London. Prior to that, Hill worked in KPMG’s Financial Sector Transaction Services team in London, focussing on insurance.
Tom Booth, Group CEO at DARAG: “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.”
About DARAG:
DARAG is a leading international insurance and reinsurance company specialising in the assumption of discontinued business and the provision of capital relief solutions. Building on its strong European roots with a recently announced expansion, through SOBC DARAG, into the US and Bermuda, DARAG has completed 28 run-off transactions in 17 countries with a value in excess of €900m. For more information, please visit: www.darag-group.com
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Haggie Partners LLP
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