REG Technologies, a recognised provider of compliance and regulatory risk software for the insurance and financial services sector, today announced the appointment of Stephen Line as Chief Executive Officer.
Stephen’s appointment marks a key milestone in REG Technologies’ evolution following its recent majority investment from Accel-KKR. It reflects the company’s focus on scaling its platform and leadership capability as regulatory complexity continues to increase across the insurance and financial services sector.
Stephen brings more than 25 years’ experience scaling high-growth SaaS and data-driven businesses across EMEA and globally. He joins REG Technologies from Proactis, where he served as Chief Executive Officer, leading a period of transformation focused on customer outcomes, operational discipline and sustainable growth. He has also held senior leadership roles at Harness and Cloudera, alongside earlier positions at IBM, SAS and Infor.
His appointment comes at a time of heightened pressure across the insurance and MGA market. A prolonged soft market, tighter margins and increased regulatory scrutiny are forcing firms to grow more efficiently, without adding operational overhead. As delegated authority models expand, counterparty risk is increasingly where commercial and regulatory risk intersect.
Against this backdrop, ongoing expectations under FCA Consumer Duty and related governance requirements mean firms must demonstrate continuous, data-driven oversight, not just documented controls. REG Technologies’ view is that firms able to automate counterparty risk management and gain real-time visibility are better positioned to protect margin, secure capacity and move faster than competitors relying on manual processes.
Reflecting on his appointment, Stephen Line said:
“REG Technologies is building the platform insurance and financial services organisations need as regulatory complexity continues to rise. The opportunity ahead is significant, the foundations are strong, and the ambition of the business is clear. I’m excited to be joining as CEO at this pivotal moment and to work with the team to shape the next chapter of growth and innovation.”
Stephen’s appointment supports REG Technologies’ continued focus on leadership, innovation and execution as the company enters its next phase of growth.
About REG Technologies:
REG Technologies is a compliance and regulatory risk software provider serving the insurance and financial services industry. The company’s platform enables organisations to identify and verify counterparties, streamline onboarding and due-diligence workflows, and maintain ongoing compliance monitoring throughout the business relationship. REG Technologies supports brokers, Managing General Agents, carriers, insurance and financial services networks in meeting regulatory requirements and reducing operational and counterparty risk. Founded in 2013, the company is headquartered in London.
