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Torus recruits former Chubb executive

Bermuda-based insurer Torus has recruited former Chubb executive Jeffery Grange to head its US professsional lines business.

Mr. Grange will be based in Torus's Jersey City office and will report to chief underwriting officer of global specialty, Dermot O'Donohoe.

At Chubb, Mr. Grange was senior vice-president and worldwide manager for their professional liability businesses, which included legal, technology, life sciences, media/entertainment, healthcare industry and financial institution segments.

Torus said Mr. Grange is an expert on management professional liability, directors & officers liability, operational risk, employee crime, unauthorised (rogue) trading, cyber crime and e-risk management.

Mr. O'Donohoe said: "We know the difference it makes to a business when it seeks advice from the right people.

"Jeff's proven expertise makes him a perfect candidate to lead this segment for Torus in the US."

Mr. Grange's work has been published in Bank Director, American Bar Association Tort & Insurance Practice session, the John Liner Review and the Fordham Law Review.