The launch will increase TAU’s selective capacity to over 40 states by the end of 2023

Marietta, GA – February 22, 2023 – Transatlantic Underwriters (TAU), a transportation insurance wholesaler specializing in the placement of commercial auto liability, physical damage and motor truck cargo coverage, is pleased to announce a multi-state expansion of non-fleet and for-hire trucking capabilities. Coverage will be offered through a top-rated carrier with an A.M. Best rating of A+ (Superior).

This broadened product offering further develops TAU’s standing in the wholesale transportation insurance arena. The company’s current capacity for non-fleet operations includes 16 states across the nation; the new rollout will bring in 20 new states by the end of Q2, with plans to add over 10 more before the end of the year. Coverage choices will include auto liability, hired auto, non-owned auto, physical damage, motor truck cargo, trailer interchange and general liability, with enhanced options available.

“This exciting expansion is a natural progression of the non-fleet capacity that TAU is already offering in select states,” says Colby Waltenburg, President of TAU. “As a company, we are always looking for innovative ways to empower our brokers – giving them the ability to provide creative solutions to meet current demand and reach a new audience. Our company is rooted in serving the diverse needs of transportation enterprises, and I am thrilled to expand that reach to more states than ever before.”

This growth in capacity comes at an opportune time, as the transportation industry works to adapt to supply chain changes, labor shifts and new technology. As the requirements for coverage transforms, it is increasingly vital for insurance providers to address the unique liability concerns of this market.

“One of the core operational values of TAU is to provide our team with the tools they need to act independently and serve clients in the best possible way,” Waltenburg went on to say. “This new capacity will enable TAU to meet the evolving coverage needs of transportation entities across the country, while fostering the strategic retail and carrier partnerships that we place such a high value on.”

For additional information, please visit tau-usa.com.

About Transatlantic Underwriters
Transatlantic Underwriters (TAU) is a wholesale insurance brokerage specializing in meeting the insurance challenges of the automotive and trucking industry. TAU has provided competitive pricing, stellar service, and coverage for unique risks since 1989. Visit tau-usa.com to learn more.

Media Contact
Anita Nevins, Direct Connection Advertising & Marketing
707-429-0877
anita@directconnectionusa.com

Read the full Press Release here

STOCKTON, CA – Transatlantic Underwriters (TAU) has announced that Colby Waltenburg will be joining their team as President.

Since 1997, Waltenburg has worked in almost all aspects of wholesale property and casualty insurance operations—including over 15 years in underwriting and placement of challenging transportation risks. His experience has included working at a Lloyd’s broker in London and exposure to the insurance excess and surplus lines market in Canada.

Prior to joining TAU, Waltenburg specialized in transportation risks at a well-established insurance wholesale brokerage in Northern California.

“I also have experience in property and casualty risk placement,” Waltenburg says. “But I found that working on the transportation side is what I love doing.”

As part of Waltenburg’s growth plans he will be opening a new office for TAU on the West Coast, where he has extensive contacts. “I plan to help expand TAU’s product offering to include auto liability as a complement to the physical damage and cargo they currently offer,” he says.

“We’re thrilled to bring Colby on board as the next leader at TAU,” says Dan Parrish, former President at TAU. “Although we have served the specialized needs of our industry throughout the 48 contiguous states, we are enhancing our presence by establishing our latest facility in Stockton, California. We feel strongly that Colby’s relationships with markets and the industry at large, as well as his deep expertise in transportation risks, will be a huge benefit to our company and the insurance retailers we serve.”