Neon, the specialist Lloyd’s insurer, has a new chief financial officer.
Richard Heppell took on the position as of Nov. 20. Previously, Heppell was 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.
With nearly 30 years spent in finance within the insurance sector, Heppell “arrives at Neon with extensive experience of supporting the growth and development of Lloyd’s businesses,” Neon said in a statement.
Heppell’s 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.
Heppell’s “experience of multifaceted integrations and business transformation will contribute directly to us achieving our strategic aspirations,” commented Martin Reith, Neon group chief executive.
“His track-record shows continued delivery in the management of high performing finance functions for Lloyd’s businesses…,” Reith added.