Neon appoints group underwriting director
Neon is delighted to announce that Theo Butt will be joining on 14th September this year in the newly created role of group underwriting director for Neon Holdings Limited. Theo will report to Martin Reith, group chief executive.
Theo joins Neon from Ascot Underwriting where he has worked since 2006, leading their property underwriting since 2009 and as head of non-marine within their executive underwriting team since 2011. Prior to this, Theo held a variety of roles at Marsh and JLT.
Martin Reith said:
“I am delighted to welcome Theo to Neon. I know him well having worked with him for a number of years and he has developed an exceptional reputation in the market. Neon has made strong progress to date and Theo will work closely both with me and our underwriting teams to identify new opportunities and determine new strategies. I am confident he will enhance our position and performance and make a substantial impact as we continue to build out our business.”
Theo Butt commented:
“I am thrilled to be joining Neon. The business is well positioned for further growth across a number of initiatives. I very much look forward to working closely with Martin and with Darren Lednor, Neon Underwriting’s CUO.”
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ABOUT NEON
Neon is a vibrant, global insurer operating in the specialist Lloyd’s market, offering innovative risk solutions and proactively creating bespoke coverage for clients. Neon underwrites a diverse range of property, specialty, casualty and marine risks on a direct and reinsurance basis, as well as through delegated authorities. Neon is headquartered in Gracechurch Street, London, UK. The registered company name for the main regulated entity is Neon Underwriting Limited. Neon is a member of Great American Insurance Group. The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (NYSE:AFG) an insurance holding company, based in Cincinnati, Ohio with assets of approximately US$60 billion.
Web: www.neonuw.com | LinkedIn: linkedin.com/company/neonuw | Twitter: @neon_uw
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