UK pet insurance firm Waggel has appointed Henri Dowling as chief executive with founder and CEO Andrew Leal stepping down.

Dowling joins from Correlation One Investments (Europe) Limited, an early investor in the business that now holds a majority stake in the company.

Leal co-founded Waggel with Ross Fretten in 2018, and under his leadership, the firm grew to insure more than 200,000 pets in the UK, generating revenues of £11m in 2024 with a projection of £15m for 2025.

Dowling said he is committed to preserving Waggel's mission to be "the most human pet insurer on the market" while accelerating the firm's AI initiatives.