Martin Reith News

MGA Chord Re Launches as Specialty Reinsurer, Writing on Behalf of Neon

Chord Re, a new underwriting vehicle established by Stefan Long, formerly head of Aspen Re London, has launched operations on Nov. 6. Chord Re expects to both structure and lead programs in specialist classes and will initially underwrite on behalf …

Neon Launches Marine Joint Venture in Italy

Neon announced the launch of an underwriting operation in Italy with Cambiaso Risso, a leading Italian marine broker who will have a minority shareholding in the venture. Based in Genoa, Neon Italy will initially target hull and cargo business placed …

Neon’s M&A Consortium Raises Capacity to £75 Million

Neon has expanded its M&A consortium, with capacity increasing from £50 million ($62.2 million) to £75 million ($93.3 million), effective on Jan. 1, 2017. The consortium is led by Neon and is 100 percent backed by Lloyd’s markets, the London-based …

Neon Appoints McPhee to Newly Created Role of Head of Political Violence

Neon has appointed Gregg McPhee to the newly created role of head of Political Violence. McPhee will join Neon on Oct. 1 2016 and will lead Neon’s existing political violence team, reporting to Darren Lednor, chief underwriting officer of Neon. …

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

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, …

Neon Names Dougall as Head of Casualty in Newly Created Role

Neon, the specialist Lloyd’s insurer, has appointed Andrew Dougall to the newly created role of executive underwriter, head of Casualty. Dougall joins Neon today, reporting to chief underwriting officer, Darren Lednor. Dougall will focus on enhancing Neon’s broker distribution and …

Neon Names Dolonen as Marine & Offshore Construction U/W

Specialist Lloyd’s insurer Neon, formerly known as Marketform, has appointed Mireille Dolonen as Marine & Offshore Construction underwriter. With over 20 years of experience in the Marine & Offshore Construction space, Dolonen “will bring a wealth of expertise to Neon …

Specialist Lloyd’s Insurer Neon Opens Bermuda Office with Fisher as CEO

The specialist Lloyd’s insurer Neon, formerly known as Marketform, announced it has opened an office in Bermuda as it grows its international footprint with greater access to both the Bermudian and U.S. markets. Located at 29 Victoria Street, Hamilton, the …

Marketform Rebrands as ‘Neon’ After Completing Strategic Review

Marketform, the specialist Lloyd’s insurer, announced that the group has today re-launched as “Neon.” The re-launch coincides with the completion of a strategic review of the business, as CEO Martin Reith and the group’s new leadership team continue to progress …

Specialist Lloyd’s Insurer Marketform Hires Kelsh to Build Broker Relationships

Marketform, the London-based specialist Lloyd’s insurer, has appointed Martin Kelsh to the newly created role of production & distribution director. Kelsh joined Marketform on May 3 to develop and enhance the level of engagement with the company’s key brokers, Marketform …