Global specialty insurer Torus announced that Tim Harris has joined the company as Group Chief Financial Officer. He is based in Torus’ London office, and reports to Clive Tobin, Torus Group Chief Executive.
Harris has over 20 years’ experience in financial and capital management. He is assuming “ultimate responsibility for the Group’s finance function as well as Torus’ Global Delivery Services team, which incorporates the company’s global Operations, Project Management Office and Information Technology functions,” said the announcement. He has also been appointed to the Torus Group Holding’s Board of Directors and joins Torus’ Executive Committee.
Tobin described Harris’ appointment as important for Torus, as his “deep experience across finance, treasury and capital markets will become increasingly important in the next phase of our strategic development. As part of Torus’ leadership team he will play an integral part in shaping Torus’ future.”
Harris joins Torus from Aviva plc, where he was Deputy Group Chief Financial Officer and Chief Capital Officer responsible for leading the group capital team with specific responsibility for managing capital across Aviva, including treasury, asset & liability management, reinsurance and Solvency II. He previously served as CFO for Aviva Europe and Chief Accounting Officer, Aviva plc. Prior to joining Aviva, Harris was a Partner in the Global Capital Markets practice at PricewaterhouseCoopers.
He is a Graduate of Durham University and Warwick Business School, a Fellow of the Institute of Chartered Accountants and a Chartered Insurance Practitioner.
Harris noted that from his conversations with Tobin and Torus management, “it’s been clear the company’s growth trajectory stems from an ambitious leadership team with deep experience in establishing and developing insurance operations. And over the last four years the company has attracted a quality team of industry specialists who’ve driven the company beyond expectation.”