Lloyd’s insurer Neon continues to expand its property direct and facultative (D&F) team with the hiring of Catherine Sethi as senior underwriter.

 

Sethi is the latest in a series of hires at Neon over the last 12 months across London and Bermuda to establish a property insurance offering, headed by Chris Fisher.

 

“We have identified property insurance as an important growth area for Neon and this is the latest evidence of our intentions to further build our London Property D&F book,” Fisher said.

 

“Catherine will be an integral part of our London Property D&F team, working alongside our Bermuda-based open market D&F business, which continues to gain momentum following its launch last year,” he added.

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Sethi, who is based in London, joins from Sirius International Insurance, at which she helped establish a new property D&F book of open market and delegated business. She was also responsible for underwriting primary and excess of loss business for a global client base.

 

Sethi also held property D&F underwriting roles at Montpelier Re and worked for the International Property team at Willis.

At Neon, Sethi will be working with other members of the property insurance team, which consists of Dwayne Hunt and Kevin Stokes in Bermuda and Sam Yates, Holly Collins and Jonathan Powell in London.


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