11 July 2017Alternative Risk Transfer

Neon poaches Argo reinsurance, alternative capital director Gibson

Specialist Lloyd's insurer Neon has hired Mark Gibson as reinsurance and alternative capital director, reporting to managing director Ian Martin.

Gibson joins Neon from Argo Group, where he served as director of alternative risk markets. He started his career at Guy Carpenter, where he spent nearly 20 years, most recently as a managing director of GC Advanced Risk Solutions, its capital markets arm. Prior to that, he worked at BNP as head of non-life business within the fixed income division’s insurance solutions team.

In his new role, Gibson will be responsible for developing Neon’s outwards reinsurance programme and third party capital strategy.

Martin Reith, Neon group CEO commented: "This is another excellent senior hire for us and I’m delighted to welcome Mark to Neon. Mark brings extensive knowledge and experience around both third party capital management and reinsurance, and his expertise will make an important contribution to this part of Neon’s strategy. I look forward to his input as we drive forward this side of the business."

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7 January 2020   Move comes as subsidiary fails to meet profit targets.
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More on this story

Insurance
28 September 2020   AFG placed its Lloyd's carrier into run-off to focus on other specialty P&C businesses.
Insurance
7 January 2020   Move comes as subsidiary fails to meet profit targets.
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16 September 2019   The group chief executive officer (CEO) of specialist Lloyd's insurer Neon, Martin Reith, is stepping down from his executive roles on September 30. He will remain a member of the Neon Underwriting (NUL) board of directors.

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