ATLANTA–(BUSINESS WIRE)–Transportation Insurance Experts (TIE), a prominent national managing general agency in the commercial insurance sector, has officially begun rolling out a specialized commercial auto liability package insurance program aimed at small to medium-sized trucking operations. This initiative, developed in partnership with Cimarron Insurance Company, enhances the transportation industry by offering new capacity options and greater market selection.
Paul Halter, CEO of Cimarron Insurance Company, commented on the partnership: “We are excited to team up with Transportation Insurance Experts to launch this exclusive commercial auto liability insurance program. By merging our knowledge and resources, we can provide a thorough solution that not only meets but surpasses the expectations of trucking companies. This program demonstrates our commitment to delivering exceptional service and protection.”
Andrew Kiernan, President of Transportation Insurance Experts, expressed enthusiasm for the new offering: “We are excited to introduce well-rated, ‘A’ rated capacity to the trucking insurance market, leading to more coverage options and pricing competition for agents and clients with small to mid-sized fleets.”
Key Features of the Commercial Auto Liability Insurance Program Include:
Admitted Basis: Cimarron’s rates and forms will be submitted in phases to the Departments of Insurance across 34 states, ensuring policyholders receive regulated coverage status and access to State Guaranty Funds.
Competitive Rates, Lower Taxes: In partnership with Cimarron Insurance Company, TIE aims to provide three tiers of highly competitive rates for various risk levels, ensuring that insureds avoid excess & surplus lines taxes.
A Rated Paper: To guarantee high standards for financial stability, Cimarron has received an ‘A’, ‘Exceptional’ rating from Demotech, a leading financial analysis organization in the insurance industry.
About Cimarron Insurance Company
Founded in 1947 and licensed in 34 states, Cimarron Insurance Company is a trusted name within the insurance industry, recognized for its reliability and quality coverage. With a primary focus on the unique workers’ compensation needs of its clients, the company is known for its flexible insurance solutions. For more details, visit: www.CimarronIns.com.
About Demotech
Demotech, Inc. specializes in assessing the financial health of independent, regional, and niche insurers. Being the first to rate these companies, Demotech has amassed numerous accreditations and recognitions, including acceptance by the US Securities and Exchange Commission. The firm has evaluated 450 insurers in the US. For further information, visit https://www.demotech.com/about/.
About Transportation Insurance Experts
Established in 2017, TIE is a commercial insurance MGA focused on trucking, based in Atlanta, GA. TIE offers commercial auto liability, motor truck cargo, and auto physical damage coverages tailored for fleets of 1-51 power units for-for-hire truckers across around 40 states. Utilizing a state-of-the-art portal named “VQE” for the policy lifecycle, TIE simplifies processes for agents. More information is available at www.TIExperts.com.
For additional details about the new commercial auto liability insurance program and the “VQE” system, which generates quotes in minutes, contact Sandy Scardina, SVP of TIE, at 800.232.4308 or SScardina@TIExperts.com to apply for agency appointment.
