Hays Companies forms new insurance unit

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Milwaukee-based Hays Companies of Wisconsin has formed a property/casualty insurance unit specifically for the transportation industry.

Mark Zurawski will lead the unit. He has 23 years of experience in creating and servicing transportation related risks at Arthur J. Gallagher.

โ€œIt has become a necessity in todayโ€™s economy for the private fleet owner to find ways to offset increases in their operating costs,โ€ Zurawski said. โ€œTypically, this is accomplished by increasing back hauls, brokered loads and use of independent contractors to augment their fleet. The same risk management and regulatory challenges that once faced only the โ€˜for hire truckerโ€™ are now front and center for private fleets. To reduce the cost of risk for a private fleet, it is essential that your insurance broker understands these exposures.โ€

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Hays Companies, founded in Minneapolis in 1994, focuses on proactive risk management and insurance consultation, which has helped it grow over time. Hays Companies of Wisconsin was founded in 1999. The company has 36 offices in the U.S.

โ€œConsidering the very limited appetite the insurance marketplace has for trucking risks, one of the most important decisions a risk manager or insurance buyer makes is to choose their insurance broker,โ€ Zurawski said. โ€œAt Hays, we bring expertise, ideas and influence to the insurance brokering business.โ€

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