Bermudian-based Endurance Specialty Holdings Ltd has, through Endurance US Insurance, introduced a new excess casualty product for commercial transportation clients, distributed through a limited network of wholesale brokers specialising in the transportation market.

The new product targets US-based transportation companies including mid-sized trucking fleets, shuttle and van services.

The transportation coverage will be underwritten by a new team led by Eric Yatteau, senior vice-president, E&S excess casualty-transportation reporting to Jarrett Long, executive vice-president, excess casualty insurance.

Mr Yatteau joined Endurance last month from Axis Insurance, where he spent 13 years and was most recently senior vice-president, excess casualty. He has more than 25 years of underwriting experience.

He is joined by two vice-presidents, Dale Painter, also from Axis Insurance, and Talbott Thompson from Swiss Re. All three are based in Endurance’s Alpharetta, Georgia office.

Mr Long said: “I am extremely pleased to welcome the E&S Transportation team to Endurance.

“The strength of Eric, Dale and Tal’s collective experience and relationships with respect to lower-attaching transportation accounts is a natural complement to our current E&S excess casualty business.

“This initiative adds an important and timely capability to our product offering and has been very well received by our wholesale transportation broker partners.”

Chris Sparro, chief executive officer, US Insurance, said: “This is another strategic addition for Endurance as we continue to grow and diversify our portfolio to best meet our clients’ needs.

“With deep technical expertise and a meaningful trading partner network, this management team brings a wealth of commercial transportation knowledge to Endurance. I am very pleased that we were able to attract these talented professionals to Endurance.”