Brit Insurance, a general insurance and reinsurance group, has appointed Scott Egan as group chief financial officer (CFO).

Egan will replace Matthew Scales, who will be stepping down. However, Scales will remain with the group until Egan joins to ensure an orderly handover of responsibilities.

Scott joins Brit Insurance from Zurich Financial Services, where he held various roles including group financial controller, based in Switzerland and UK CFO of Zurich UK.

Prior to joining Zurich in 2007 he held various positions in Aviva including finance director of Norwich Union, UK General Insurance and managing director of RAC Insurance.

Brit Insurance CEO Dane Douetil said, “Scott’s technical credentials, leadership skills and industry knowledge will be invaluable to the Group as we continue to build on our strong industry franchise.”

Brit Insurance chairman John Barton said, We have attracted someone of Scott’s calibre and look forward to his contribution to the future development of Brit Insurance.

The appointment of Egan is subject to approval subject to regulatory approvals.