Torus to Write Healthcare
12th January 2010
Torus today announced the appointment of Bob Allen as US Head of Healthcare, effective immediately. With 20 years of healthcare liability experience, Mr. Allen will oversee all of Torus’ US medical professional liability underwriting, reporting directly to Dermot O’Donohoe, Chief Underwriting Officer for Global Specialty. He is based in Torus’ Jersey City office.
Prior to Torus, Mr. Allen was most recently Vice President of Healthcare with Allied World Assurance (US), where he was responsible for the medical professional liability product line. Bob has held senior underwriting positions at Zurich Insurance, U.S. RE and AIG. He has also held healthcare brokerage positions with Marsh and Johnson & Higgins.
Mr. Allen is a psychology graduate from the University of Virginia and an active member of the American Society of Healthcare Risk Management (ASHRM) and the Professional Liability Underwriting Society (PLUS).
Commenting on this strategic appointment, Mr. O’Donohoe said: “We have ambitious plans to build a significant specialty business. The offering of medical professional liability coincides with our overall strategy to position Torus as a leading global specialty carrier in the main classes. Bob is recognized as a leader within medical professional liability and he is an integral part of our goal to grow in this segment.”
Mr. Allen said: “It’s exciting to build a healthcare platform that addresses the diverse segments within the healthcare industry. The US operations will offer professional liability solutions to hospital systems of all sizes, miscellaneous outpatient facilities, senior living institutions, medical tourism facilitators, physician groups and independent research sites. Our value proposition will focus on coverage enhancements coupled with risk services.”