PROPERTY AND CASUALTY SOLUTIONS

PROVIDING SOLUTIONS SINCE 1963

PROPERTY AND CASUALTY SOLUTIONS

Since 1963, Transtar has been offering insurance solutions to motor carriers throughout the United States. Transtar works directly with the industry’s most highly rated insurance carriers to provide motor carriers with comprehensive and cost-efficient insurance programs. Transtar traditionally established partnerships with large trucking fleets comprised of several hundred trucks. In that larger space, the company honed its abilities and expertise in alternative risk programs. Recognizing a need for similar expertise in the smaller, underserved market of motor carriers, Transtar broadened its focus to small and midsize carrier fleets beginning in 2011.

Although Transtar works with many traditional insurers, capable of writing first dollar insurance programs, our strength lies in our unique insurance solutions that allow our clients to participate in the underwriting profits of our partnering insurance companies. This is done through a standard deductible program, a self-insured retention, or a captive structure, depending on our client’s risk tolerance and individual needs. These programs are so much more than insurance because they provide additional incentive for a motor carrier to focus solely on what’s important: best practices that ultimately make them a safer company over the road. Our alternative risk insurance programs tie directly into our client’s daily safety practices, driver hiring standards, FMCSA data management, truck technology, and ultimately, claims management. As a motor carrier begins to focus only on becoming the safest carrier possible in one of our programs, they begin to immediately see the dividends in their net effective cost of insurance. Once the mindset of buying the cheapest insurance product possible year to year changes to becoming the safest carrier possible, the insurance savings are automatically and immediately realized. Transtar’ s alternative risk programs are the perfect vehicle to facilitating this change.

 

CLAIMS MANAGEMENT SOLUTIONS

At Transtar Insurance Brokers, we understand the importance of keeping your claims under control. Claims, especially in insurance products that transfer significant risk to the insured, are where the majority of all total insurance spend is realized. Transtar recognizes this and has experienced in-house claims advocates that will act as a liaison between you and the insurance company to better manage that spend.  Our advocates will help protect your costs by ensuring your claims are handled properly by the insurance carrier.  Our goal is to keep your insurance costs as low as possible, inevitably improving your bottom line.

SAFETY SOLUTIONS

At Transtar Insurance Brokers we understand the importance of keeping your claims under control. Our in house claims advocates will act as a liaison between you and the insurance company.  Our advocates will help protect your costs by ensuring your claims are handled properly by the insurance carrier.  Our goal is to keep your insurance costs as low as possible, inevitably improving your bottom line.

ANALYTICAL SOLUTIONS

Transtar believes that understanding historical data, especially trends in claims, is of paramount importance when it comes to understanding how to partner with our clients to add value in improving their operations. With our in-house experts, including licensed and experienced actuaries, we have the tools needed to analyze, identify, and most importantly, change practices to improve loss trends.