Neon Bermuda appoints Nick Pritchard as Head of Property Reinsurance
London Monday 13 February, 2017
Neon today announces the appointment of Nick Pritchard as Head of Property Reinsurance.
Nick will initially be based in Neon’s Bermuda office and will oversee the growth of Neon’s property reinsurance operations across both its Bermuda and London offices. The appointment will be effective immediately and Nick will report to Chris Fisher, Chief Executive Officer of Neon Bermuda, and Darren Lednor, Neon’s Chief Underwriting Officer in London.
Nick joins Neon from Bermuda-based AlphaCat, where he focused on business origination and underwriting for the managed funds unit. Prior to this, Nick was a member of the US property underwriting team at Validus and has been based in Bermuda since 2009, when he relocated from Lloyd’s insurer Talbot following its acquisition by Validus.
Neon’s Bermuda office opened in 2016 and has initially focused on writing direct and facultative property insurance on a global basis as an approved Lloyd’s coverholder for Neon Syndicate 2468. Nick’s appointment builds on Neon’s property reinsurance capabilities, which were initially established by Darren Lednor in London during 2016, and extends Neon Bermuda’s product offering.
Chris Fisher, Chief Executive Officer of Neon Bermuda, commented:
“Since launching last year, we’ve been encouraged by the progress Neon has made in Bermuda. We are delighted to announce that Nick will be joining the business; his hire will significantly strengthen our Bermuda based team following the additional key hire of Dwayne Hunt in the property direct & facultative business line in October 2016. Nick is well known in the reinsurance market in both the US and London and, having spent over 7 years in Bermuda, has a well-established local reputation and track record. I look forward to working with Nick as we continue to develop a clear and compelling proposition for our clients.”
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