Torus Specialty Expands Offering with $10m Excess Casualty Capacity and Three Senior Appointments
19th August 2009
Torus Specialty, the US subsidiary of global specialty insurer, Torus, can now write $10 million in capacity for umbrella and excess liability placements. Further capacity increases are expected in the coming months.
In addition, the team, led by Linc Trimble, has also increased its headcount with the appointments of Regional Vice Presidents Todd Dixon, Doris Pacelli and Maryann DelRio to Torus’s new Atlanta and Chicago offices and its Jersey City office respectively.
Mr. Dixon joins Torus from Great American’s casualty underwriting team, having spent 14 years in the casualty arena in both underwriting and broking capacities. He has previously held leadership roles at AJ Gallagher as both an MGA and wholesale broker. He will be responsible for US Excess Casualty business in the Southeast and Southwest territories.
Ms. Pacelli comes to Torus with a wealth of underwriting and management experience in the umbrella and excess field, having previously held senior positions at AIG, Gulf, Travelers and most recently, Markel. She will be responsible for Midwest and West territories.
Ms. DelRio, who will be responsible for Northeast US business, brings over 18 years of industry experience to Torus, holding underwriting management positions with Aetna, Crum & Forster, Reliance National, AIG, and XL. Mostly recently, she led the Northeast Territory Travelers’ Excess Casualty division.
Mr. Trimble said: “With the appointment of Todd, Doris and Maryann, brokers and clients now have local access to Torus’ Excess Casualty team across America. Both will be critical in developing our market presence in their respective regions and will help define our underwriting strategy going forward. I’m delighted to have such highly experienced and skilled professionals on the team; brokers can look forward to a high level of responsiveness and creativity from all three!”