Jonathan Stephenson to lead Brit in Bermuda as Head of Office

Brit Ltd has appointed Jonathan Stephenson as Head of Office, Bermuda, subject to approval by the BMA and the Department of Immigration.

As Head of Office in Bermuda, Stephenson will drive the planned expansion of Brit Re across property, casualty and specialty reinsurance.

He joins from Guy Carpenter, where he was a Managing Director, based in Toronto.

During his 30-year career in reinsurance, Stephenson has served in various senior roles, including Pacific Region CEO for Guy Carpenter and as an Executive Vice President at Aon.

Martin Thompson, CEO of Brit Group, commented on the appointment, “Jonathan is a highly regarded leader and practitioner within the international reinsurance market, and is the ideal candidate as we look to implement and deliver our ambitious Bermuda strategy.

“With Jonathan in place, we look forward to announcing further appointments to deepen our capabilities on the Island that can support our plans for profitable growth across property, casualty and specialty classes.

“Jonathan is passionate about building businesses and developing high-performance collaborative cultures, making him a great fit for Brit.”

Stephenson himself said, “Brit has a leading brand and reputation in the market, and the opportunity to help establish a significant Bermuda presence to complement its underwriting expertise in London was compelling.

“I am excited to be joining and look forward to building a team to take advantage of the increasing opportunities in Bermuda whilst creating a meaningful long-term presence.”

In related news, Brit recently announced the appointment of Jacques Bonneau, formerly CEO and President of PartnerRe, to the Board of Brit Re as a Non-Executive Director in June.

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