Neon M&A consortium ups capacity to £75mn

London market carrier Neon has increased the available capacity of
its M&A consortium from £50mn to £75mn ($62mn to
$94mn), it announced this morning.
Neon will continue to lead the Lloyd's-backed consortium and
the changes are effective from 1 January.
The group provides cover for warranty and indemnity, reputation
and warranties and M&A tax liability risks, with limits of up
to £75mn per risk.
Rob Brown, Neon's global practice leader for M&A, said:
"Historically,