Former Sompo CEO joins UK insurtech REG

Former Sompo Canopius CEO Stuart Davies has joined the board of UK insurtech platform REG as a non-executive director. Davies is currently the executive chairman of European run-off insurance company DARAG, and a partner at private equity firm Disruptive Capital. His appointment follows Disruptive Capital’s recent £8 million investment in REG UK, which valued the business at some £20 million.