Fairfax Financial Holdings Limited (Fairfax) has announced that Brian Young, CEO of Odyssey Group, will begin to share oversight responsibilities over all of Fairfax’s insurance and reinsurance operations with Andy Barnard, president of Fairfax Insurance Group.
The change is in connection with recent management changes at Odyssey.
“We are delighted with these promotions, which attest to the strength of talent at Odyssey Group and will position the company to continue to grow profitability over the long term,” said Prem Watsa, chairman and CEO of Fairfax, of the new oversight duties.
“Since Andy first assumed this oversight role in 2011, Fairfax has profitably expanded almost fivefold. Our continued success will benefit from Brian’s expertise.”
Young will continue as CEO of Odyssey Group. Effective April 1, 2023, Carl Overy, currently CEO of Odyssey’s London market division, will become CEO of Odyssey’s global reinsurance business, reporting to Young.
Bob Pollock, presently head of Odyssey’s US financial lines, cyber and workers’ compensation business, will become CEO of Odyssey’s London market division and report to Overy.
Fairfax’s subsidiaries are engaged in property and casualty insurance, reinsurance, and associated investment management.
