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Member, Beacon International Group, Ltd.
Torus Insurance Holdings Ltd. on Tuesday said Robert Allen, the London-based insurer's head of health care in the United States, has left the insurer's U.S. medical professional liability practice.
A search to choose a successor has begun, a spokeswoman for the company told Business Insurance in an email.
“Bob Allen is leaving Torus to pursue new opportunities,” said Torus in the email. “Bob has long been seen as a respected authority within the medical professional liability arena and served as a valuable member of the Torus team. Efforts are well underway to identify a successor that will lead our medical professional liability team moving forward.”
Mr. Allen joined Torus in 2010, according to the spokeswoman.
The announcement comes just a day after Torus announced that it would raise capacity at its Lloyd's of London syndicate 1301 for 2014 to £180 million ($293.4 million) from £160 million ($260.8 million) and extend product offerings to include excess casualty and U.S. health care
The spokeswoman said the two actions are unrelated and that the expansion in offerings from syndicate 1301 are in addition to its existing U.S. operations and aimed at building its U.S. book of business.
Prior to joining Torus, Mr. Allen was most recently vice president of health care with Allied World Assurance Co. Ltd., where he was responsible for the Bermuda-based insurer and reinsurer's medical professional liability product line.