Neon management led by CEO Theo Butt are in a race against time to save the business as they enter the final stages of discussions with potential capital backers, Insurance Insider understands.
Neon management capital talks go down to the wire
![neon_underwriting_logo_lloyds_london_2022.png](https://assets.euromoneydigital.com/dims4/default/4ca7396/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F96%2Fd7%2F8e85b38b4e019bc8ea3094ecb727%2Fneon-underwriting-logo-lloyds-london-2022.png)
Neon management led by CEO Theo Butt are in a race against time to save the business as they enter the final stages of discussions with potential capital backers, Insurance Insider understands.