Southport Re Names Brandon Young as COO [Professional Services Close - Up] - Insurance News | InsuranceNewsNet

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October 31, 2013 Newswires
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Southport Re Names Brandon Young as COO [Professional Services Close – Up]

Proquest LLC

Southport Lane, a private equity firm, announced that Brandon Young has been appointed Chief Operating Officer of its reinsurance holding company Southport Re and Senior Vice President of Southport Lane.

According to a release, in this position, Young plays a key role in Southport Re's core business including executing and overseeing acquisitions, developing general business strategy and supporting large transactions. He reports to Glenn Weber, CEO of Southport Re.

Prior to joining the firm, Young served as Vice President of Global Corporate Development at Ace.

"Brandon's knowledge and expertise of the industry is essential as we look to acquire high-value, established insurance companies," said Weber. "Southport Re's mission is to work with organizations that can provide long-term value to our shareholders and Brandon will be crucial in helping us achieve this goal."

Prior to Ace, Young was a Senior Equity Research Analyst at Bear Stearns & Co. covering the U.S. non-life insurance sector. He began his career at Marsh Inc.

((Comments on this story may be sent to [email protected]))

Copyright:  (c) 2013 ProQuest Information and Learning Company; All Rights Reserved.
Wordcount:  169

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