24 November 2017Insurance

Neon poaches MS Amlin chief financial officer

Specialist Lloyd's insurer Neon has appointed Richard Heppell as the new chief financial officer (CFO).

Heppell was most recently CFO of MS Amlin Underwriting Limited. Heppell oversaw the integration of the Amlin and Mitsui Sumitomo Insurance Lloyd’s syndicates, having previously been finance director at Mitsui Sumitomo. Prior to that, he held a range of senior corporate finance roles at QBE.

Heppell’s appointment comes at a time of ongoing expansion for Neon, with the opening of its Bermuda office in 2016, the acquisition of Sapphire Underwriters, the launch of Neon Italy, and the joint venture MGAs of Tarian and Chord Re in partnership with Beat Capital in 2017.

Martin Reith, Neon group chief executive commented: "I am thrilled to welcome Richard to Neon, where his experience of multifaceted integrations and business transformation will contribute directly to us achieving our strategic aspirations. His track-record shows continued delivery in the management of high performing finance functions for Lloyd’s businesses and this knowledge will prove valuable as we continue on our exciting trajectory."

"I look forward to Richard joining our Executive Committee, where we continue to invest in accessing the best quality business and capitalise on the considerable pipeline of opportunities we have identified."

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