DUAL Group announces new Chief Financial Officer
16 June 2014
DUAL, the underwriting arm of Hyperion Insurance Group, has today announced the appointment of Andy Elston as Chief Financial Officer, DUAL Group. Chartered Accountant Elston brings over 20 years’ finance experience to DUAL, having led finance operations in insurance and financial services companies including Co-operative General Insurance, Amlin, RBS Insurance and RSA.
Elston joins DUAL from the Co-operative Group, where he most recently held the interim position of Finance Director, Cost Performance, following his successful tenure as interim Finance Director of Co-operative General Insurance. He was previously the interim Chief Financial Officer at Amlin Corporate Insurance, where he had responsibility for leading the company’s finance teams in Amsterdam and Brussels, and supported the Amlin Corporate Insurance Management Board. Prior to Amlin, Elston held roles as European Financial Controller at ACE Europe, Head of Statutory & Regulatory Reporting at RBS Insurance and Director of Financial Control at Cox Insurance Holdings, and various senior finance positions at RSA.
Shane Doyle, CEO and Group Chief Underwriting Officer at DUAL commented: “It’s essential that the work underway to diversify the solutions we provide for clients is underpinned by solid financial controls and processes. Andy is an experienced Financial Director, with a proven track record of leading finance functions at a number of successful insurance businesses. With Andy’s expertise and direction, we are strongly positioned to deliver our strategic and operational financial objectives. I look forward to working alongside him.”
Elston added: “DUAL continues to develop its capabilities in the UK and internationally, and I’m excited to have the opportunity to play a part in developing DUAL’s financial operation as this activity gathers momentum.”
Elston will be based at DUAL’s London office, working closely with finance teams across the DUAL Group.
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