Neon Expands Political and Credit Risk Offering

London Thursday 18 January, 2018

Neon Expands Political and Credit Risk Offering

Neon announces expansion of team and entry into Financial Guarantee

Neon is pleased to announce the expansion of its Political and Credit Risk team, with hires across underwriting and credit analysis, and entry into Financial Guarantee.

Paul Barrett becomes the third in a string of positive hires for Neon’s Political and Credit Risk team as it looks to expand its offering.

Arriving from Arthur J. Gallagher, Barrett joins Anthony Vaughan, Senior Credit Analyst, and Paul Carrington, Underwriter, both of whom joined in late 2017.

Carrington previously worked at Chubb and Euler Hermes, while Vaughan was previously Senior Credit Analyst at Sumitomo Mitsui Banking Corporation and brings 15 years’ experience in banking and credit.

In addition to the new hires, Neon’s Political and Credit Risk team has broadened its offering to include Financial Guarantee and increased tenors for existing products. These changes take place as Nicholas Robinson, Class Underwriter, seeks to deliver coverage for specific client needs utilising comprehensive product expertise.

Darren Lednor, Chief Underwriting Officer at Neon, said:

“Last year, we significantly strengthened our capabilities and this momentum has continued into 2018. Our expanded team now offers a greater breadth of coverage with the addition of Financial Guarantee and increased tenor length across a number of products. These changes allow us to provide long-term support to clients in a constantly evolving global political and economic environment.”

Martin Reith, Group Chief Executive at Neon, added:

“The development of our Political & Credit Risk team and appetite aligns with Neon’s refreshed underwriting strategy of offering bespoke solutions that go beyond traditional parameters. We look forward to working with our clients to deliver these over the next 12 months and beyond.”




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