Transatlantic Underwriters Expands Offerings with New Property and Casualty Insurance Division

Transatlantic Underwriters Expands with New Property & Casualty Division



In a significant move to enhance its service capabilities, Transatlantic Underwriters (TAU) has recently announced the launch of a dedicated Property & Casualty (P&C) division. This strategic expansion aims to broaden the range of services TAU provides to its clients within the transportation industry, reaffirming its commitment to exceptional service while venturing into new territories.

Originally founded in 1989 as a small operation with just three employees, Transatlantic Underwriters has steadily grown into a leader in specialty insurance focused primarily on the transportation sector. The launch of the new P&C division marks a turning point in the company’s trajectory as it diversifies its offerings to include six new lines of business: Commercial General Liability, Excess Liability, Commercial Property, Inland Marine, Builders Risk, and Garage.

Leadership and Vision for Growth


The appointment of Bernadette Flores as Senior Vice President of Property & Casualty underscores the company’s commitment to this new venture. With over 24 years of extensive experience in the excess and surplus market, Flores is well-equipped to lead this initiative. She brings specialized knowledge in various areas including Contractors, Garage, Habitational, and Hospitality insurance, making her a valuable asset to TAU’s expansion efforts.

Flores expressed her enthusiasm, stating, "Building a new division from the ground up has been a career aspiration for me. I’ve always admired TAU’s unique approach in the specialty insurance sector, and being part of this expansion is an incredible opportunity. I am eager to bring our reputation for excellence to these new lines of business."

Colby Waltenburg, the President of TAU, commented on the strategic importance of this launch, stating, "Our transportation operations have been thriving, and it was always part of my vision to broaden our services when the time was right. Now, we are at that crucial juncture, allowing us to better serve our existing clients and attract new partners in diverse industries. This move not only strengthens our organization but also enhances our commitment to exceptional service in the transportation space."

A New Era for Transatlantic Underwriters


TAU’s expansion into the Property & Casualty sector reflects an evolving insurance landscape, where customers increasingly seek comprehensive solutions that address various risks. The initiative comes at a time when many companies are recognizing the importance of diversifying their service offerings to adapt to market demands. As TAU integrates these new lines of business, it also plans to update its digital platforms, ensuring that clients have easy access to information about their expanded services. The updates are expected to be implemented soon, allowing clients and partners to better understand the offerings at TAU.

As Transatlantic Underwriters continues its growth trajectory, this expansion further solidifies its mission of providing competitive pricing and stellar service to its clientele. With a steadfast foundation in transportation insurance now branching into additional sectors, TAU is poised for continued success in the evolving insurance marketplace.

Conclusion


In summary, Transatlantic Underwriters' launch of its Property & Casualty division represents a bold step forward in its expansion strategy. Led by industry veteran Bernadette Flores, the company is set to leverage its deep expertise to offer enhanced services while continuing to prioritize the needs of its transportation clients. Stakeholders are eager to see how this evolution will shape the future landscape of specialty insurance at TAU.

Topics Financial Services & Investing)

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