Torus Construction Enters the United States

22nd September 2009

To help with the provision of local support services for brokers in North America, Torus, the global specialty insurer, has expanded its construction team with the appointment of Richard Girden to the position of Vice President, Senior Underwriter. Based in Torus’ new Chicago office, Mr. Girden will manage the team’s US portfolio and will report to London-based Senior Vice President, Head of Global Construction, Steven Norcliffe.

Mr. Girden brings over 30 years of insurance experience to Torus, 20 of which have been in construction underwriting. He was most recently President of Construction in the Goldman Sachs funded operation Vista Insurance Partners, prior to which he was SVP, Managing Director of Construction at Mercator Risk Services. He has also spent time as President of RLI Construction and as VP, Property Sales Executive at CNA.

Commenting on the new addition to his team, Mr. Norcliffe said: “Richard has close relationships with the majority of key construction brokers in the US and this will boost our efforts in building a truly global construction underwriting platform by offering a personalised service on both sides of the Atlantic. His wealth of experience, not only in underwriting, but also in broking and risk management, will certainly enhance our offerings for master builders risk programmes and for complex construction projects in North America.”

Mr. Girden added: “Currently there is a tremendous opportunity to capitalise on the US government’s stimulus plan for infrastructure, so it’s an exciting time to be joining a fast-growing and entrepreneurial company as part of one of the most respected underwriting teams in the market.”

Press Contact

Jenna Kerr
t: +44 (0)203 206 8251

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