Specialty insurer Torus has appointed Charles E. Stauber as Vice President – Head of Casualty Claims, with immediate effect. He has over 22 years’ experience managing and resolving complex casualty claims in the insurance industry, and will oversee casualty claims in the US, supporting both Global Casualty and Global Specialty from Torus’ New Jersey office.
Torus has also appointed Alison Timson as Assistant Vice President for US Casualty. She will be based in London and will develop and underwrite US business from UK brokers.
Stauber was most recently President and owner of Stauber Associates LLC, a risk management and consulting company specializing in property and casualty. He is an Associate Member of the American Bar Association (ABA), a member of the National Structure Settlement Trade Association (NSSTA) and a Member of the Federation of Defense & Corporate Counsel (FDDC), he has also worked at Liberty Mutual, Travelers, AIG, Investors and ACE USA, where he held a variety of claim management and executive positions. Prior to his insurance career, Charles was a Sergeant in United States Marine Corp.
Timson has over ten years of commercial insurance experience, eight of which in Umbrella and Excess Casualty specializing in Real Estate, Construction, Energy, Utilities and Chemicals in both the London and US insurance markets. She joins Torus from Willis.
President and Chief Underwriting Officer of Global Casualty, David Perez, explained: “To lay the proper foundation we have been building Torus’ casualty claims infrastructure over the last year. With Charles’ appointment we now have all our major platforms covered with experienced and talented claims professionals.”
He added that Timson’s “experience in both London and New York will also be invaluable, developing our relations with London-based brokers and clients interested in US casualty business who traditionally look to the London market for their needs.”
Rob Powell, Torus’ Head of Claims noted: “The US casualty claims head is a crucial component of our global build-out, and we are fortunate to attract someone of Charles’ caliber. Torus will provide effective and innovative claims handling solutions and settlements wherever loss events occur, and our expert claims team will work closely with clients, brokers and Torus’ underwriters both pre and post loss in the major insurance markets worldwide, to foster productive partnerships.”
Source: Torus Insurance – http://torusinsurance.com
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