Convex Insurance has appointed Theo Butt as head of its London branch.
Butt has over 20 years in the London insurance market and joined Convex in April 2020.
Prior to this role, he was CEO of Neon Underwriting Ltd, having joined from Ascot, where he spent over 12 in multiple roles within their executive underwriting team. Butt has also held a variety of roles at Marsh and JLT.
The CEO position was previously held by co-founder of Convex Paul Brand. He will remain on the board of the Convex, Convex Re and Convex Insurance UK.
Brand said: “Theo is well regarded in the London market and embodies the ethos and values that Convex is built on.
“He has made a great contribution to the company since he joined in April and has the skill set, expertise and understanding to lead Convex’s London operations.”