Brit appoints deputy CEO

Re/insurer Brit has appointed Matthew Wilson as group deputy chief executive officer (CEO) and chief underwriting officer.

In his new role, Wilson will work closely with Mark Cloutier, group CEO of Brit.

Wilson began his career with Lloyd’s in 1988 and joined Brit Insurance in 1999 to establish the international property division. He was appointed as CEO of Brit Global Markets in May 2008 which subsequently became Brit Global Specialty in February 2012, combining the reinsurance and global markets divisions to form one Lloyd’s platform.

Cloutier said: “Matthew has been with Brit for over 15 years and is the ideal candidate to work alongside me to drive the business forward in the next chapter of the Brit story. Matthew’s underwriting acumen and commercial instincts have been central to the strategic and financial progress that we have made in recent years as well as to the excellent set of results that we announced today.”

Richard Ward, chairman of Brit, added: “Having run our successful underwriting franchise for a number of years, building an exceptional depth of talent in the process, I believe Matthew has a unique combination of market and institutional knowledge and experience to provide strategic direction to our business and to continue to deliver profitable growth.’’