Neon expands PI team with Novae hire

Specialist Lloyd's insurer Neon has appointed Matthew Watson to its professional indemnity (PI) team.

Watson joins as an underwriter based in London, reporting to Neon's head of PI Antonio Bellanca.

Watson joins Neon from Novae where he was a senior class underwriter in the professional indemnity team. He has over 10 years of experience in the PI market, underwriting a worldwide portfolio of small and medium-sized enterprises (SME) and non-SME risks at Lloyd's.

"I am pleased to announce another positive hire for Neon," Martin Reith, Neon group chief executive, commented. "One year on from our relaunch, we continue to attract talent from across the market as we grow both our short and long tail offering.

"Matthew will help us further strengthen our already impressive Professional Indemnity team, under the leadership of Antonio."

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