Neon poaches Probitas financial lines head; names new MGA chair

Specialist Lloyd's insurer Neon has appointed Charles Boorman as head of financial lines to further expand its product and geographic offering.

The company has also appointed Ian West as director of major client relations for casualty lines, responsible for key strategic relationships and the related underwriting. West also becomes chairman of the recently acquired Neon Sapphire.

Boorman most recently worked at Probitas Syndicate 1492 as head of financial lines. Prior to this, Boorman spent over 10 years at QBE, latterly as head of financial lines, and six years at Aon, specialising in commercial D&O and private equity. Boorman specialises in employment practices liability, D&O and transactional liability.

Martin Reith, Neon group chief executive, said: "As the latest in a string of superb hires, Charles’ appointment further reflects our commitment to building a platform centred around underwriting excellence. His leadership will help evolve our already highly successful Financial Lines portfolio to the next stage, diversifying by both product and geography to deliver growth.

"I am also delighted to announce Ian’s new role as chairman of our newly acquired Guernsey-based MGA, Neon Sapphire, where he will utilise his extensive experience to help us build out our exciting new platform," Reith added. "In addition, he will work closely with Charles as we refine and evolve our Financial Lines proposition, whilst continuing to support the underwriting, training and development of other underwriters."

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