Neon has appointed Vanessa Young to the role of underwriter and solicitor – M&A insurance, reporting to the head of M&A liability insurance Rob Brown.
Young joins Neon from her previous role as legal director at Bird & Bird.
She brings extensive UK and international M&A experience with considerable expertise in the renewable energy sector and advising infrastructure funds, private equity and other institutional investors.
Young’s hire is part of Neon’s broader ambition to consolidate its position, helping to address the growing demand for M&A insurance as a result of increased utilisation by financial and corporate clients during transactions.
Young will play a key role in supporting the expansion of Neon's market M&A team.
Her experience will enable Neon to offer clients specialist M&A insurance solutions in the renewable energy, tech and funds sector amongst other strategic trade sectors.
Martin Reith, chief executive officer, Neon, says: "We remain committed to our strategy of growing Neon by building on our existing capabilities in the areas where we have identified long-term growth opportunities. Vanessa’s hire is yet further evidence that Neon is providing an environment and platform which attracts some of the market's brightest and best and is an essential part of our growth plans.
“As a former legal director of a leading city law firm, Vanessa’s hire will contribute to the ongoing expansion of the M&A team and demonstrates our commitment to growing the business as we continue to make a significant impact in this sector. We are delighted to welcome Vanessa to Neon and look forward to the ongoing success of the M&A team.”
Young’s appointment follows the appointment last month of former Dentons partner Andrew Thornton, and the hire of Neon's specialist M&A team in 2015.