HAMILTON, Bermuda--(BUSINESS WIRE)--Armour Group Ltd ("Armour") today announced the appointment of John Parry as Group Chief Financial Officer. Mr. Parry will assume his new position in June and report directly to the Group Executive Committee.
Mr. Parry is a seasoned senior financial services executive with extensive insurance industry experience. Most recently, he served as the Chief Financial Officer for Lloyd’s of London, where he was responsible for the financial reporting of the Market’s results and capital adequacy in addition to treasury and investment management. In this role, he also oversaw the tax affairs of the Society of Lloyd’s and the Market in the UK and overseas. Prior to joining Lloyd’s in 2001, Mr. Parry was Finance Director of various Lloyd’s Managing Agents and is a qualified accountant.
Brad Huntington, Armour Chairman and Chief Executive Officer, commented, "We are delighted that John has agreed to join Armour as Group CFO. He has impeccable financial services and regulatory credentials and will bring a wealth of experience and knowledge to our group. I am looking forward to working closely with him as we continue to execute our strategy successfully."
"I am pleased to join Armour and excited about the significant opportunities for growth and development of the company. Armour has a best-in-class team and I look forward to working with them to further the company’s strategic objectives," said Mr. Parry.
About Armour Group Ltd
Armour is a Bermuda-based group of (re)insurance and service companies which specialize in the creation and implementation of solutions and acquisitions within the run-off insurance marketplace. Its founders and two main principals, Brad Huntington and John Williams, have more than 50 years combined experience in the insurance and reinsurance markets. Armour is backed by Aquiline Capital Partners, a New York and London-based private equity firm investing in financial services and technology.