Timothy M. Pedersen, Jr. is a Principal and an expert Casualty broker who leads Brown & Riding’s Transportation Practice Group. Tim began his insurance career early on, working part-time at Travis-Pedersen and Associates while in high school. His experience also includes a five-month internship during college with a Lloyd’s broker in London, two years as an Assistant Property Underwriter, and he began working full time at Travis-Pedersen (now Brown & Riding) in 2006, issuing policies and endorsements through their in-house binding authority.
When Travis-Pedersen was acquired by B&R in 2012, Tim saw an opportunity in Oil & Gas and began writing mostly Excess on fuel haulers, frac sand haulers, and salt water haulers. At the end of that year, he reevaluated his book and quickly realized that he was hitting on Excess Transportation. He decided to pivot in that direction and has since become an established expert in this sector. Now a Principal, and Transportation specialty broker, he is valued by retailers and underwriters alike for his integrity, friendly demeanor, attention to detail, creative problem-solving, and his unwavering commitment to always finding better solutions.
In 2016, Tim utilized his growing transportation expertise and expanded the capabilities of B&R by founding the company’s Transportation Practice Group. He has shown an unwavering commitment to developing this specialty group, which has successfully grown to well over 30 team members. His efforts have been instrumental in establishing B&R as a national presence in the transportation space.
Tim’s team was recognized in 2020 as Wholesale Brokerage Team of the Year by Business Insurance. Tim was also recognized in 2019 as a Top Specialist Broker by Insurance Business America. He has been President of Insurance Associates, a Committee Member of the Young Agents (a division of the Independent Insurance Agents of Illinois), currently resides as Director of the Association of Lloyd’s Brokers (ALB), and is a committee member for WSIA (formerly NAPSLO).