Speaking at a press conference, Managing Director of REGIC, Mr . Ben Ajili, said that the investment was made through its evergreen private equity fund, FIVE, in the form of a subscription to a capital increase.SPY Police Academy: Kehinde Bankole bags awards as best in academics, distinguished student
He stated: “The additional working capital will also enable the company to expand its underwriting capacity in key business areas such as the retail mass market, agricultural insurance and insurtech, which is the future of insurance. “FIVE has joined the shareholding of REGIC alongside the Royal Exchange Group and Blue Orchard’s InsuResilience Investment Fund , which had earlier invested in the Company in July 2019.
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