Former
Sompo Canopius CEO Stuart Davies is certainly keeping active.
It was just over a week ago that we told you he had joined
Oxbow Partners as chairman – and now Davies has signed up or the board of REG (UK) Ltd as non-executive director.
Already a partner at Disruptive Capital Finance Ltd and executive chairman of Darag, the run-off insurer, Davies was the CEO of the specialty insurance giant during a period of change following its acquisition by Sompo Holdings. He was also managing director at Aegis London for a 10-year span while holding senior roles at the likes of Highway Insurance.
Now he is following up Disruptive Capital’s recent £8 million investment in REG UK – the insurtech led by Michael Phair - a firm he describes as “exciting”.
“REG UK is an exciting insurtech business with a unique offering,” he said. “Having spent my career leading insurance businesses, I can testify to the ever growing demands of compliance and due diligence, and the value REG brings by simplifying these processes through its technology and services.”
“Stuart is a well-known and highly regarded figure in the insurance industry,” added Phair about the appointment. “Appointing someone of his calibre to our board is testament to how far REG has come. This is an exciting time.”
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