Torus Targets New Business in Europe

28th July 2010

Continuing the rollout of its Continental European operation, Torus, the global specialty insurer, has appointed Esther Fittinghoff-Hansen as Professional Lines Manager and Kurt Fleischmann as Senior Casualty Underwriter. Based in Cologne and Zurich, offices acquired by Torus following the acquisition of Glacier Insurance AG, both will target buyers in Austria, Germany and Switzerland for their respective product lines.

Ms. Fittinghoff-Hansen will lead Professional Lines underwriting for the three countries, reporting to Marc van der Veer, Chief Underwriting Officer of Specialty Europe. She is supported by recently appointed Senior Professional Lines Underwriter, Tobias Klein.

Reporting to Head of Continental Casualty, Thomas Guesde, Mr. Fleischmann will develop the countries’ Casualty underwriting.

“These appointments are essential to develop our operations in countries fundamental to our long-term strategy in Europe,” said Richard Etridge, the former Chief Executive of Glacier Insurance, now Torus Chief Operating Officer for Continental Europe. “We are committed to servicing customers across Europe; that is why we hire local experts experienced in their local markets and products.”

He added, “As part of the Zurich and Cologne-based teams, both will maximise synergies stemming from the acquisition and integration of Glacier.”

Including Ms. Fittinghoff-Hansen and Mr. Fleischmann, Torus has made 12 senior strategic local appointments in Europe since January this year.

Ms. Fittinghoff-Hansen joins Torus from AXA Corporate Solutions where she was a Financial Lines underwriter. Previous roles during her insurance career have encompassed errors and omissions, fidelity and financial institutions underwriting, as well as specialty claims at AXA and Chubb Insurance. She is a Law graduate of the Universities of Amsterdam and Cologne and holds a Masters in European Studies.

Mr. Fleischmann joins Torus from Ace where he was most recently in charge of developing the European Portfolio from their London and Dublin offices. With over 30 years of casualty experience he has worked at the insurance operations of Swiss Re, Zurich Insurance Company and Winterthur International.

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Jenna Kerr
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