UK Enterprise 2017

14 WORLDWIDE BUSINESS REVIEW / UK Enterprise Awards 2017 , Neon Sapphire Underwriting Limited is a speciality underwriting practice based in Guernsey. We profile this innovative and dynamic firm to find out more and explore the secrets behind its success. Offshore Underwriters of the Year 2017 the independent Non-Executive Director (or NED). This is delivered through both traditional broker submission and an e-trading platform. Looking ahead, the company is shaking things up through innovation and creativity, and medium to long term goals include a geographical expansion of services to other jurisdictions as it seeks to continue to change the perception of specialist Insurance from simply a necessity to a business enabler and partner. Company: Neon Sapphire Underwriting Limited Contact: Nigel Brand Contact email: [email protected] Address: Lefebvre Place, Lefebvre Street, St Peter Port, Guernsey, GY1 3LU, Channel Islands Phone: 01481 720223 Known as Sapphire Underwriters until its acquisition by Neon in June 2017, Neon Sapphire was established in 2013 and provides the offshore financial community with a ‘local’ and niche insurance underwriting presence. Through a philosophy of innovation and unrivalled service standards, the company applies clarity and professional insight in managing complex risks and equips brokers with tailored solutions in Professional, Financial and Cyber product lines. With London market expertise and capital provided by Lloyd’s of London syndicates Neon Sapphire has already established itself as a local underwriter in the offshore arena. It is in tune with the needs of sectors to stimulate and empower industry. Based in the Channel Island of Guernsey, Neon Sapphire delivers specialist services to a number of jurisdictions, including Jersey, Switzerland, Luxembourg, Gibraltar, Malta, Singapore, Mauritius, Cayman, Bahamas and the UK. The Channel Islands have a rich history of financial entrepreneurial spirit and this is no better displayed than in the use of Trusts; Captives; Funds and the variety of successful financial services businesses that exist in both Guernsey and Jersey today. Neon Sapphire has tapped into this by launching a versatile product for the offshore Trust community. The company has been utilising its London knowledge and expertise to deploy in an offshore environment. Neon Sapphire’s USP is to empower brokers and businesses and has achieved significant traction; whilst expanding 50% year on year. Neon Sapphire has also developed a product dedicated to WUK17024