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."

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