Torus Appoints Guesde to Lead European Casualty

Torus has appointed Thomas Guesde as Senior Vice President of its new European Casualty platform. His appointment follows Torus’ launch of its operations in Continental European in September 2009.

Guesde reports to David Perez, president and chief underwriting officer of Global Casualty. He is initially based in Torus’ new Amsterdam office, pending the opening of a Paris office later this year.

Torus added that the unit has limits of up to €25 million ($35.2 million) and “is available on both a primary and excess basis with the capacity to write most classes, from large, global, complex risks to European middle market business. Most policy forms can be followed in several European languages.”

Guesde is a former director of GAN Eurocourtage’s casualty underwriting and international departments. He has over 17 years of highly technical casualty underwriting and customer management experience.

Perez explained: “The establishment of an underwriting operation in Europe is designed to enhance the global footprint of Torus Casualty, entertain opportunities accessible only through a local presence and assist in the diversification of our overall portfolio by responding to the specific needs of our customers in Continental Europe. Having Thomas on our team is a significant step in the execution of this strategy.”

Source: Torus – www.torusinsurance.com