We exploit dislocations in markets and unlock value from complex situations using a Get Rich and Stay Rich strategy. This strategy has given rise to returns over 23 years of 28% p.a. Net IRR
Reg UK (REG), the provider of a range of data analytics and risk management solutions to insurance intermediaries globally, has completed a GBP2.4 million funding round.
The additional capital will enable further investment in the platform, people and systems to support the Company’s accelerating growth trajectory both in the UK and globally. As part of the fundraising round, Disruptive Capital Finance followed on its existing capital with additional equity capital while Shawbrook arranged a debt facility.
Disruptive Capital Finance represents the private equity investment vehicle and family office of the Truell family, in which they hold the vast majority of their assets. Edi Truell’s track record stands at a 28 per cent net IRR pa across all 51 platform deals over the last 25 years. With positive returns in every three, five and ten year rolling period it has demonstrated an acute sense of risk management as well as buying, building and transforming private companies to become global market leaders.
REG aspires to become the go-to solution for Insurers and Intermediaries looking to simplify compliance and management processes between insurers, brokers and customers. With clients across the country and a number of international markets, including ageas, PIB Group, Lloyds and GRP, REG continues to demonstrate its outstanding growth potential as part of the UK InsurTech sector.
The London-based business now employs 35 people and continues to disrupt the insurance market place by accelerating due diligence processes and enhancing ongoing risk management through advanced data analytics and monitoring tools.
Edi Truell, Founder, Disruptive Capital Finance, says: “REG has a compelling and market leading position in a fast growing sector. We are delighted with its progress since our initial investment and we look forward to actively supporting its continued success.”
Michael Phair, CEO, REG (UK) Ltd, says: “This facility not only provides scope for further growth but is also a validation of what we’ve already achieved. Whilst venture debt isn’t readily available on the high street or from our main bankers, fast growth businesses like REG, with high levels of annual reoccurring revenue need this type of support to scale-up and succeed – particularly internationally.”
Pension Insurance Corporation Group Limited (“PICG” or the “Company”), ultimate parent company of Pension Insurance Corporation plc (“PIC”), the specialist insurer of defined benefit pension schemes, today announces its final results for the 12 months to 31 December 2021.
The Pension SuperFund (“PSF”) today announces the appointment of Michael Clark as its Chief Executive Officer (“CEO”). Michael joins PSF from Shell where he has been Global Head of Pensions, responsible for the governance and administration of all the Group’s pension arrangements.
Telent has announced that it has acquired the Harlequin Group, a specialist technology services company. Complementing Telent’s existing business operations, building telecom infrastructure for mobile network operators (MNO) and service providers, the acquisition significantly enhances its professional services capability in the site acquisition and design arena.
London, 4 October 2021 – Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, has signed a £2.2 billion pension insurance buy-in with the Trustee of the Metal Box Pension Scheme...
The Pension Superfund has announced the makeup of its asset and liability management (ALM) committee – unveiling names including Aberdeen Standard Investments chairman Martin Gilbert and former Railpen chief executive Chris Hitchen as part of its team...
Pension Super Fund, a company trying to pioneer a gigantic consolidating vehicle for traditional pension funds, has received equity backing from Sampo, the Scandinavian insurer that last week agreed the takeover of Hastings Group, the car insurer.