Daily Insurance Industry News
Daily Insurance Industry News
Wednesday 16th of January 2019
February 25, 2009

John Williams quits AIG for Torus

by David Masters

Story link: John Williams quits AIG for Torus

Torus Insurance has appointed former AIG executive John Williams as Global Head of Business Operations.

In his new role, Williams is responsible for Torus’ business architecture and management of workflow processes.

Williams previously worked as senior vice president of operations in AIG’s small business division, one of the fastest growing commercial units in the US.

His 20 year career also includes working with KPMG and Mercer Management Consulting (now Oliver Wyman).

Clive Tobin, Torus CEO, commented on the appointment: “John’s breadth of experience across both processing and technology will be a great asset to Torus.”

Williams said: “The application of the right technology and processes can be a huge advantage to business especially if they are applied in the earliest stages of its development.

“Focusing on getting these areas right in the short term, as Torus is doing, means greater opportunity for growth in the longer term.”

Williams joins a number of AIG executives lured to other companies following the insurance giant’s demise in which it requested billions of dollars in aid from the US government.

Paul C. Blume, former assistant general counsel at AIG, has joined the Property Casualty Insurers Association of America as Senior Vice President of state government relations.

Kevin Keller, former chairman and chief executive of AIG’s Lexington Insurance, moved away to become chief executive at Ironshore.

Steve Silverman, former assistant vice president and product line manager for Lexington, joined Hiscox to lead its newly created inland marine business.

Robert Purdy, a former AIG executive, joined Ace USA as senior vice president for worker compensation.


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