Neon appoints new chief financial officer

Richard Heppell has been appointed chief financial officer (CFO) of Neon.

Heppell was previously CFO at MS Amlin, where he oversaw the complex integration of the Amlin and Mitsui Sumitomo Insurance Lloyd’s syndicates, having previously been Finance Director at Mitsui Sumitomo. Prior to this, he held a range of senior corporate finance roles at QBE.

Heppell arrives at Neon with extensive experience of supporting the growth and development of Lloyd’s businesses and has nearly 30 years spent in finance within the insurance sector. Neon said that he will oversee Neon’s finance function, manifesting the discipline and structure required by the business as it continues to grow.

His appointment comes at a time of ongoing expansion for Neon, with the opening of its Bermuda office in 2016, the acquisition of Sapphire Underwriters, the launch of Neon Italy, and the joint venture MGAs of Tarian and Chord Re in partnership with Beat Capital in 2017.

“I am thrilled to welcome Richard to Neon, where his experience of multifaceted integrations and business transformation will contribute directly to us achieving our strategic aspirations,” said Martin Reith, group chief executive of Neon. “His track-record shows continued delivery in the management of high performing finance functions for Lloyd’s businesses and this knowledge will prove valuable as we continue on our exciting trajectory.

“I look forward to Richard joining our Executive Committee, where we continue to invest in accessing the best quality business and capitalise on the considerable pipeline of opportunities we have identified.”