19 September 2016 Insurance

Neon expands M&A team

Neon, an insurer operating in the specialist Lloyd’s market, has appointed Andrew Thornton as underwriter and solicitor for merger and acquisitions tax insurance, effective immediately.

Reporting to Dawn Bhoma, head of tax liability insurance, Thornton will be responsible for offering clients specialist tax insurance solutions in the funds sector and a number of strategic trade sectors.

Thornton has experience in advising clients on tax issues arising from M&A, private equity fund formation and restructurings, having most recently served as tax partner at Dentons.

Martin Reith, chief executive officer at Neon, commented: “We have a clear strategy to grow Neon by building on our capability in the areas where we have identified significant, long-term growth opportunities. Providing a great working environment for some of the market’s best talent is a core part of this, and hiring Andrew will greatly contribute to the planned expansion of our already strong M&A team.

“As a former partner of a leading city law firm, Andrew is a very significant hire for the business and demonstrates our commitment to growing our leading M&A tax business as we continue to make a significant impact in this sector. We look forward to working with Andrew and are excited by the expertise he will bring to the team.”

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