Transatlantic Underwriters (TAU), a leading wholesale insurance brokerage known for its expertise in transportation risks, has announced the launch of a new Property and Casualty (P&C) division. This strategic expansion introduces six new lines of business: Commercial General and Excess Liability, Commercial Property, Inland Marine, Builders Risk, and Garage.
The addition marks a significant milestone in TAU’s ongoing efforts to diversify its offerings while continuing to serve its core transportation clientele. Spearheading the new division is Bernadette Flores, who joins the company as Senior Vice President of Property & Casualty. Based in TAU’s San Francisco Bay Area office, Flores brings over 24 years of experience in the excess and surplus (E&S) P&C market, with particular expertise in contractors, garage operations, habitational, and hospitality risks.
Founded in 1989 as a three-person agency, TAU has grown steadily to establish a national presence. In early 2023, the company introduced expanded non-fleet transportation capabilities across multiple states, ultimately reaching more than 40 states by year’s end.
TAU’s entry into the broader P&C arena comes at a time of evolving market dynamics in the U.S. insurance sector. In 2023 alone, the U.S. P&C industry recorded approximately $818 billion in net premiums written, with commercial lines accounting for nearly half. Despite underwriting challenges in several property segments—driven by inflation, severe weather events, and escalating replacement costs—the E&S sector has continued to grow, fueled by increasing demand for specialized coverage in complex, higher-risk industries.
With this expansion, TAU is positioning itself to meet the shifting needs of the market while reinforcing its commitment to delivering tailored, expert solutions.
