Specialty insurer Neon announced that Theo Butt will be joining the company in September in the newly-created role of group underwriting director for Neon Holdings Limited.
Butt joins Neon from Ascot Underwriting where he has worked since 2006, leading property underwriting since 2009 and as head of non-marine within the executive underwriting team since 2011. Prior to this, he held a variety of roles at Marsh and JLT.
Butt will report to Martin Reith, group chief executive.
Neon operates in the specialist Lloyd’s market, underwriting property, specialty, casualty and marine risks on a direct and reinsurance basis, as well as through delegated authorities. Neon is headquartered in London. Neon is a member of the Great American Insurance Group, based in Cincinnati, Ohio.
Topics Underwriting
Was this article valuable?
Here are more articles you may enjoy.
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial 
US Supreme Court Rejects Trump’s Global Tariffs 
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
