Matthew Wilson steps down as Group CEO of Brit

The news comes nearly two months after Wilson returned to Britt as CEO in September 2022 after taking a leave of absence to undergo treatment for a rare form of blood cancer. In a press release, Britt said stepping down as CEO will allow him to prioritize his health and spend more time with his family.

Wilson first joined Brit in 1999, became Group CEO in 2018 and is credited with playing a pivotal role in creating an inclusive, innovative, underwriting-centric culture. As an avid supporter of Lloyd’s, from 2011 until 2022 he also served on the LMA board.

Appointed interim CEO of the Group during Wilson’s leave of absence, Thompson returns to lead the insurance sector, having previously served as President and CEO of RSA Canada before joining the Fairfax Group in 2021. I will take

Commenting on his decision to step down as CEO, Wilson said it was one of the most difficult decisions he’d ever had to make in his 23 years at Britt.

“No one made the decision to continue as CEO as much as I did, but I am very sorry that I chose to step down so I can focus on my family and my health,” he said. “Britt is a truly special company, but what makes it special are the amazing people. I will miss all of them.

Wilson said it was Britt’s team that gives him great confidence in his future, and that culture ensures the company continues to lead in both “who we are and what we do.” He said he was delighted to stay with Fairfax Group and added that he would remain the company’s biggest champion while away from Brit.

Prem Watsa, chairman and CEO of Fairfax Financial Holdings, cites Wilson’s role in enhancing Britt’s reputation as visionary and inclusive, giving the entire organization an “enduring He said he is leaving behind a legacy of success.

“He will continue to be Britt’s friend going forward,” he said.

Watsa adds: He knows the business, its people, and its culture very well, and this, along with his leadership skills, means we can provide both a smooth succession and the right CEO to move the Brit forward. increase. ”

Thompson also commented on the news, stating: Having spent his year experiencing British culture and getting to know talented people, I know what a unique business this is. Matthew’s retirement is a sad moment for Britt, but he leaves a business in great shape. He is excited about our potential and what more we have to achieve. ”