Torus appoints O’Donohoe as group CEO‏

Dermot O’Donohoe has been appointed group chief executive officer at Torus Group and will hold this role in addition to his position as chief executive.

O’Donohoe will lead Torus and work alongside the board and senior leadership team. He succeeds Clive Tobin, who is retiring and stepping down as an officer and director following four years of leadership.

O’Donohoe has more than 25 years of insurance experience across international and US markets. He was appointed chief executive of Torus International in 2011 after joining the company in 2009 as chief underwriting officer, global specialty, and chief operating officer in the UK and Europe.

Prior to this, he was chief underwriting officer at XL Insurance’s Global Specialty Operations and CEO of its London Market operations.

Commenting on his new role, O’Donohoe said: “I look forward to working with the board and senior leadership team in an expanded capacity as we continue to grow the Torus franchise.”

Tobin added: “It has been a privilege to lead Torus from a start-up to the company it is today and to work with a team of such exceptional people. On joining Torus I had made it clear of my intent to step down once the company entered the next stage of its development and this is the appropriate time.

“I want to thank all Torus employees for their dedication and contributions to building a very special company and I wish the team every success for the future.”