RVI Group names Dan Egan as sole CEO following McGroarty retirement

RVI Group has announced that co-CEO Mike McGroarty will retire, with co-CEO Dan Egan set to become sole Chief Executive Officer from March 31, 2026.

McGroarty’s departure brings to a close a long and distinguished career spanning leadership, law, and business operations.

During his tenure, he played a key role in driving RVI’s strategic growth and strengthening its operational performance.

Micky Hervitz, Chairman of the RVI Board of Directors, paid tribute to McGroarty’s contribution: “Mike’s strong leadership, sound judgment, and deep institutional knowledge have been invaluable to RVI. He has been a trusted partner to employees, clients, and stakeholders, and his impact will be felt for years to come.”

McGroarty will remain involved with the business as a non-executive member of the Board.

Reflecting on his time at the company, McGroarty said: “Serving as Co-CEO of RVI Group alongside Dan has been an honour. I am proud of what we have built together and look forward to seeing RVI continue to grow under Dan’s leadership.”

Dan Egan, who has been with RVI for three decades, steps into the sole CEO role with extensive experience across the organisation.

Prior to becoming co-CEO in 2019, he led the growth of the Commercial Equipment division and served as Chief Risk Officer.

“I am honoured to continue leading RVI Group as CEO,” Egan said. “Mike and I have worked closely for many years, and I am grateful for his leadership and partnership. I look forward to building on our strong foundation and continuing to deliver value to our stakeholders.”

Hervitz added that Egan’s long-standing involvement in the business makes him well suited to lead its next phase. “His deep understanding of our business, our clients, and our people makes him exceptionally well-positioned to lead RVI into its next chapter,” he said.

RVI Group confirmed that the leadership transition will not impact day-to-day operations, client service, or organisational structure. The company will continue to focus on expanding its residual value insurance and property and casualty reinsurance activities as part of its long-term strategy.