Matthew Wilson, the Group CEO of re/insurer Brit, has announced his decision to take an indefinite leave of absence due to health reasons.
Martin Thompson, an incoming Executive Officer from Fairfax, will step into the role on an interim basis.
He’s described as a highly experienced leader in the insurance sector having served across multiple senior executive roles within the commercial and specialty lines space across the UK, Canada and Scandinavia.
Prior to joining Fairfax this month he was President & CEO of RSA Canada.
Thompson was with RSA for over 20 years, having started his career with them in 1997.
Prem Watsa, Fairfax Financial Holdings Chairman and CEO, commented, “Our thoughts and prayers are with Matthew Wilson and his family as he begins a program to fully regain his health.
“He has our full support during this challenging time, and we look forward to his return. In the meantime, we are fortunate to have Martin Thompson available to step into the role of CEO of Brit.
“Martin brings ample senior executive experience, most recently having served as CEO of RSA Canada. His interim appointment will minimize disruption to Brit and its related operations during Matthew’s absence.”