New York, NY | July 9, 2025
Victor Insurance, a leading global managing general underwriter (MGU) and a business of Marsh, today announced the appointment of Mark Damico as President and Chief Operating Officer of Torrent Technologies, Victor’s flood insurance technology and services business in the US, effective July 31, 2025. He will succeed Kevin Tobin, who is retiring after over 35 years of service in the industry.
As President, Mr. Damico will be responsible for Torrent’s integrated suite of business software platforms along with the company’s customer-focused service and support solutions, which support insurance providers offering the National Flood Insurance Program (NFIP) as “Write Your Own” (WYO) carriers and a growing suite of private flood insurance options to homeowners and businesses across the United States. He will also retain his current role as COO, leading business operations and product development to drive sustainable growth for the company. Based in Brookfield, WI, Mr. Damico will report to Charles Williamson, CEO of Victor.
Mr. Damico brings over 30 years of industry and leadership experience to the role. He joined Torrent as COO in 2018 after several years as an entrepreneur, establishing business ventures in the midwestern US. Prior to that, he was President and CEO of StoneRiver and held a number of leadership roles with increasing levels of responsibility at Fiserv, including Group President.
“Mark is an exceptional leader with deep technology and customer experience expertise in the flood insurance sector,” said Mr. Williamson. “Under his leadership, Torrent will be well-positioned to support carriers and agents as the industry continues to evolve toward more sustainable solutions for homeowners and businesses in the US. I would also like to thank Kevin for his extraordinary contribution in leading Torrent through a period of complex change and technological advancement during his tenure.”
Mr. Damico added: “I’m proud to work with such a talented group of colleagues at Torrent, a leading flood insurance solutions provider in the US, and look forward to building on our capabilities to deliver exceptional value to our carriers, brokers and clients as we continue to revolutionize the flood insurance industry.”
About Victor
Victor Insurance is one of the world’s largest managing general underwriters with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $4 billion in premium on behalf of numerous insurance and reinsurance relationships, through a large network of more than 20,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company provides a wide range of insurance solutions – from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor is committed to building on 65-plus years of experience to develop products that address risk in new and evolving areas. For more information, visit www.victorinsurance.com.
Media Contact(s)
Margaret Woodruff
Head of Communications, Victor
T: +1 905-755-2276
Send Email