RSA Insurance Group has named Scott Egan as Executive Director and Group Chief Financial Officer, effective quarter four of this year.
The insurer poached Egan from Towergate Insurance, where he most recently acted as Interim Chief Executive Officer. Prior to this, Egan served in various finance positions at Brit Insurance Holdings,
Zurich Financial Services and
Aviva.
“I am delighted to welcome Scott to RSA,” Stephen Hester, Group Chief Executive, RSA, said in a statement. He is an outstanding professional who will strengthen our team and bring excellent skills and in-depth knowledge and experience of the insurance industry.”
Egan joins a host of executives arriving to RSA, including the incoming CEO David Ross. He will receive £525,000 ($1,027,132) in annual salary, as well as one-off awards that accompany his departure from Towergate.
He is eager to complete the transition into his new role.
“I am incredibly excited to be joining RSA and I am looking forward to working with Stephen and his team as well as the Board in cementing a bright future for the Company,” Egan said.
Based in London, RSA conducts “major operations” throughout the UK, Canada, and Eastern Europe. In 2014, it reported over 14 billion dollars in net written premiums and 19,000 employees around the globe.
