Neon hires CFO with a history of overseeing integrations as it continues on growth push
Neon Underwriting (Neon) has hired a new chief financial officer to oversee a period of expansion.
Richard Heppell has taken on the role of chief financial officer, replacing Jagdis Barber. Heppell has over 30 years of experience in the insurance sector.
He was most recently MS Amlin’s chief financial officer, where he oversaw the integration of the Amlin and Mitsui Lloyd’s syndicates. He has also held senior finance roles at QBE.
Neon group chief executive Martin Reith 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.”
Reith added, “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.”
Heppell joins Neon at a time of “ongoing expansion”. It opened its Bermuda office in 2016.
In 2017, Neon acquired Sapphire underwriters. It has looked to branch out across Europe and launched Neon Italy. It also worked in partnership with Beat Capital on the joint venture MGAs of Tarian and Chord Re.