Neon Underwriting Limited (Neon) has announced the addition of Catherine Sethi within its Property Direct & Facultative (D&F) unit, as a Senior Underwriter in based in London.
She joins Neon from Sirius International Insurance, where she aided the establishment of a new Property D&F book of business, alongside underwriting primary and excess of loss business for international clients.
Prior to Sirius International Insurance Sethi held Property D&F underwriting positions at reinsurer Montpelier Re, and also worked for the International Property team at insurance and reinsurance broker Willis.
In her new role Sethi will report to Sam Yates, who recently joined the firm to help grow its London Property D&F book of business.
Head of Property Insurance at Neon, Chris Fisher, commented on the appointment; “I am delighted to announce the continued expansion of our Property D&F team with the appointment of Catherine Sethi in London. 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.
“Catherine’s appointment, which follows the key hires of Jonathan Powell, Sam Yates and Holly Collins in February, demonstrates our continued commitment to creating a client-centric platform built around strong talent. 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.”