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.”