Transatlantic Underwriters (TAU) has established a new property & casualty (P&C) division to broaden its service offerings.
This expansion introduces six additional lines of business including commercial general and excess liability, commercial property, inland marine, builders risk and garage.
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Bernadette Flores has been appointed as senior vice-president of the newly formed P&C division.
Flores has more than 24 years of experience in the excess and surplus P&C sector in areas such as contractors, garage, habitational and hospitality insurance.
Operating from TAU’s office in the San Francisco Bay Area, US, Flores assumed her role earlier this month.
Transatlantic Underwriters president Colby Waltenburg said: “Since founding TAU, I have always envisioned expanding beyond our transportation specialty when the timing was right.
“Our transportation operations are thriving, and we are now positioned to diversify our offerings to better serve existing customers and welcome new partners. This expansion strengthens our organization while maintaining our commitment to exceptional service in the transportation space.”
Flores added: “I have known Colby for over 20 years and have always admired TAU’s approach to specialty insurance. The opportunity to build a new division from the ground up is something I have aspired to accomplish during my career. I am incredibly thankful and excited to lead this initiative, bringing TAU’s reputation for excellence to these new lines of business.”
TAU, a specialised wholesale insurance brokerage since 1989, has been providing insurance solutions for unique risks, with emphasis on the transportation sector.
