Reeves to Join Neon as Chief Risk Officer, in Move from RM Role at Lloyd’s

August 5, 2016

Specialist Lloyd’s insurer Neon has appointed Olly Reeves to the role of chief risk officer. He will join Neon on Nov. 1, 2016 from his current role as head of Risk Management at Lloyd’s of London.

Subject to regulatory approval, Reeves will be joining the Neon Underwriting Ltd. board and executive committee, reporting to Ian Martin, managing director, Neon (formerly known as Marketform).

Reeves brings with him a wealth of practical knowledge of risk management and regulatory requirements in the London market, having been at Lloyd’s since 2004, said a statement from London-based Neon, which is a member of Great American Insurance Group.

During his time at Lloyd’s, he played a pivotal role in overseeing the market and delivering Lloyd’s own risk framework as well as being a key figure in Lloyd’s achieving Solvency II model approval, the statement continued.

Prior to joining Lloyd’s, Reeves was a manager in the Financial Services Risk Management division at Ernst & Young.

“I am thrilled that Olly has decided to join Neon in this key role,” said Martin Reith, chief executive officer, Neon Underwriting Ltd. “I have no doubt that Olly will make an immediate and significant contribution as we remain on track to re-engineer our business.”

Reeves said he was excited to be joining Neon to support the business “as the turnaround gathers momentum” and to be helping lead the agenda for matters related to risk and governance, which are “of increasing importance to successful underwriting businesses.”

Source: Neon

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