Paragon Insurance Holdings, LLC Announces Justin Faust as Chief Financial OfficerMarch 24, 2017
Paragon Insurance Holdings, LLC ("Paragon"), a national multi-line specialty program manager, is pleased to announce the addition of Justin Faust to the Paragon executive management team as Chief Financial Officer.
"Justin will lead Paragon's efforts to enhance its rapid organic expansion through the acquisition of complementary Managing General Agencies, while exploring alternatives to optimize Paragon's capital structure", said Ron Ganiats, Paragon Managing Partner. "His corporate finance background and longstanding relationships in the insurance industry are strong additions to our existing executive team."
Prior to joining Paragon, Justin was CFO of Dowling Capital Partners, an insurance industry-focused private equity firm, since 2011. Justin will continue acting as Senior Advisor to DCP, serving on the boards of directors of several of its portfolio companies. Justin brings nearly 20 years of experience as an insurance industry investor and investment banker, including M&A advisory and capital markets roles with Guy Carpenter's investment banking division (now GC Securities) and Hales & Company (now Dowling Hales), as well as principal investing duties with alternative asset manager Northaven Management.
Formed in 2014 as a broadly diversified MGA by leaders with 20+ years of specialty insurance experience, Paragon supports retail agents, insurance carriers and reinsurers with strong underwriting talent, broad capabilities, sophisticated operations and varied business interests. Please visit www.paragoninsgroup.com for additional information.