26 February 2018 – REG (UK) Ltd, (REG), the award-winning RegTech solution for counter-party risk management, have appointed Paul Tasker to the newly created role of Managing Director with immediate effect.
Tasker joins REG from the eponymous broker and MGA, Tasker Insurance Group, where he was founder and CEO. Following recent investment from Disruptive Capital Finance LLP, Tasker will lead the firm’s planned international expansion, as well as the launch of a new REG service designed to provide greater Delegated Underwriting Authority oversight.
Paul Tasker said of his appointment:
“Having spent 25 years in the insurance industry, I’m well aware of REG’s growing reputation to deliver RegTech solutions that are helping the industry to mitigate against regulatory and financial risk. It is an exciting time to be joining Michael and the team as we grow our global reach and the REG product suite in 2018 . Key to this growth will be our ability to attract and retain the best digital talent globally.”
CEO Michael Phair said:
“I am delighted to welcome Paul to REG. Paul’s extensive experience at all levels of the insurance intermediary market is an invaluable addition to the company, as we focus on building our services to both the insurance and financial services markets.”
Last week, REG announced it had over 3100 UK insurers and intermediaries, or around 75% of all active UK insurance intermediaries, on its platform.