24 April 2017Insurance

Neon hires from Sirius International to expand property D&F business

Specialist Lloyd's insurer Neon has appointed Catherine Sethi as senior underwriter in London to further grow its property direct and facultative (D&F) team.

In her new role, Sethi will report to Sam Yates, who was recently appointed to lead the expansion of its London property D&F book.

Sethi was previously at Sirius International Insurance, where she helped to establish a new property D&F book of open market and delegated business in addition to underwriting primary and excess of loss business for a global client base, according to the statement.

Prior to that, Sethi held property D&F underwriting roles at Montpelier Re and worked for the international property team at Willis.

Chris Fisher, head of property insurance at Neon, commented: "I am delighted to announce the continued expansion of our property D&F team with the appointment of Catherine Sethi in London. We have identified property insurance as an important growth area for Neon and this is the latest evidence of our intentions to further build our London Property D&F book."

"Catherine’s appointment, which follows the key hires of Jonathan Powell, Sam Yates and Holly Collins in February, demonstrates our continued commitment to creating a client-centric platform built around strong talent," Fisher added.

"Catherine will be an integral part of our London Property D&F team, working alongside our Bermuda-based open market D&F business, which continues to gain momentum following its launch last year."

Today’s top stories

Marsh partners with Schinnerer Group and Nephila on new venture

Hamilton Re acquires Sompo Canopius excess casualty renewal rights

Willis Towers Watson appoints head of broking North America

Barbican launches new quote and bind system

Did you enjoy reading this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
21 March 2017   Specialist Lloyd's insurer Neon has launched a new marine and offshore construction consortium that offers $70 million capacity for shipyard construction and $55 million for rig construction.
Insurance
10 May 2017   Specialist Lloyd's insurer Neon has completed its claims team with the appointment of Gavin Coley as technical head of claims, and James Sterling as claims manager for professional indemnity and financial lines.
Insurance
14 June 2017   Specialist Lloyd's insurer Neon has reached an agreement to acquire Sapphire Underwriters from Heritage Group.