Brit appoints new chief executive

Brit said it has appointed Matthew Wilson as group chief executive.

Wilson will take up the role on 1 January.

The appointment is subject to regulatory approval.

Current chief executive Mark Cloutier will become executive chairman of Brit.

Richard Ward, currently non-executive chairman, will remain on the board of Brit, and will continue as chairman of Brit Syndicates, Brit’s regulated entity.

Wilson began his career with Lloyd’s in 1988 and joined Brit in 1999. He was appointed as chief executive of Brit Global Specialty in 2008. In February 2015, he was appointed group deputy chief executive.