Ascot Underwriting veteran Theo Butt is moving to Neon.
“I am delighted to welcome Theo to Neon,” commented group chief executive Martin Reith. “I know him well having worked with him for a number of years and he has developed an exceptional reputation in the market.
“Neon has made strong progress to date and Theo will work closely both with me and our underwriting teams to identify new opportunities and determine new strategies. I am confident he will enhance our position and performance and make a substantial impact as we continue to build out our business.”
The incoming group underwriting director’s experience includes non-marine and property.
“I am thrilled to be joining Neon,” said Butt. “The business is well positioned for further growth across a number of initiatives. I very much look forward to working closely with Martin and with Darren Lednor, Neon Underwriting’s CUO.”
