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June 17, 2013 at 09:31 AM
Fireman’s Fund Insurance Co. has named a new President and CEO, Andrew Torrance, to succeed Lori Fouche, who has left to become president and chief operating officer at Prudential Group.
San Francisco-based Fireman’s Fund says Fouche left the company to pursue other opportunities to be closer to her family on the East Coast. Fouche is from New Jersey.
Fireman’s Fund says it expects Torrance, 60, to assume his new role later this summer. He has more than 30 years of experience in the insurance industry, most recently serving as CEO of Allianz UK. Fireman’s Fund is part of the Allianz Group.
Prior to his appointment as CEO in 2003, he was the director and head of the Allianz broker division. Torrance has also held senior and board positions at consulting firms and insurers, including London & Edinburgh and Boston Consulting Group. His appointment is still subject to approval by the board of directors of Fireman’s Fund Insurance Co.
