DARAG Group , the diversified legacy acquirer operating across the UK and European insurance markets, has announced a series of senior leadership promotions aimed at strengthening its financial and operational capabilities.
Theo Wilkes Appointed CFO at DARAG’s London Office
Theo Wilkes has been appointed Chief Financial Officer (CFO) and will operate out of the group’s London office. With more than two decades of experience in both live and legacy insurance markets, Wilkes
Prior to DARAG, Wilkes held several senior roles during his 14-year tenure at Enstar Group, including group controller in Bermuda. He also served as CFO of StarStone’s European operations and was Head of UK Finance. His career began at Littlejohn Frazer, where he specialized in auditing Lloyd’s syndicates.
DARAG Deepens German Executive Bench with Two Key Promotions
Beyond Wilkes’ promotion, the group has expanded its executive leadership team in Germany. Till Wagner and Felix Rollin have both been appointed to the Executive Board of the group Deutschland AG (DARAG AG).
Wagner, who became Head of M&A Europe in 2023, brings a wealth of expertise, having previously served as Managing Director at Guy Carpenter for seven years. Rollin, a longstanding member of the group since 2011, has held key positions, including Group General Counsel and Group Chief Compliance Officer.
DARAG CEO Tom Booth Praises Internal Talent and Growth Strategy
Tom Booth, CEO of DARAG, welcomed the leadership changes, stating:
“These appointments are a testament to the strength and range of talent within the group. Our people continue to deliver success in the UK and European legacy markets behind the power of our German-based platform and local claims-handling expertise.”
Booth emphasized that the group’s ability to deliver both economic and legal finality in non-life insurance has helped the firm build a strong reputation and attract top-tier professionals.
DARAG Reinforces Commitment to Legacy Market Excellence
These leadership moves signal the group’s ongoing investment in seasoned talent and its strategic focus on long-term growth. By bolstering its executive team, the company is reinforcing its commitment to operational excellence and leadership in the UK and European legacy markets.