ARAG appoints new CFO

Leading legal expenses and assistance provider ARAG has appointed Simon Barrett as the company’s next Chief Financial Officer, in preparation for the retirement of longstanding CFO Bob Moreton, next year.

Simon has worked in the insurance industry for most of his career, including senior roles with Mitsui Sumitomo, QBE, XL Group, Hamilton Insurance Group and Markel International.

“I’m very pleased to be welcoming Simon to the ARAG team.” commented MD, Tony Buss. “He obviously brings with him a wealth of experience from several major insurance businesses that will be a great benefit to us as ARAG continues to grow.”

Responding to Tony’s comments, Simon added “I’m excited to be joining ARAG at such an important time in the company’s growth. It is clearly a very difficult time for so many businesses, all around the world, but ARAG has established a strong market position and has the backing of a very large and secure European group, which has provided a very solid foundation on which to build.”

Retiring CFO, Bob Moreton, is one of the original team that founded ARAG’s UK operation in 2006 and has served as the senior finance officer and company secretary ever since. He will retire in the first quarter of 2021.

Disclaimer - all information in this article was correct at time of publishing.