Travelers Insurance

Company Profile: TRAVELERS® was established in 1853 by St. Paul businessmen as the St. Paul Fire and Marine Insurance Company. Their original focus was insuring travelers who were using trains and steamboats to travel around the country. The famous umbrella company logo was first introduced in 1870 and has remained as the company logo through various transitions and mergers.

TRAVELERS®, more than 160 years after their founding, is one of the nation's largest property casualty companies. They are a leading provider of property casualty insurance for auto, home and business, keeping pace with the ever-changing needs of customers, and anticipating their needs for the future. Their diverse business lines offer its customers global wide coverage sold primarily through independent agents and brokers.

milestones:
  • 1853 – St. Paul businessmen establish the St. Paul Fire and Marine Insurance Company.
  • 1855 – St. Paul Fire and Marine pays its first claim for a fire loss.
  • 1864 – Hartford businessmen found The Travelers Insurance Company for the purpose of insuring travelers against loss or personal injury while traveling by railway or steamboat.
  • 1865 - St. Paul Fire and Marine Insurance Company reorganizes as a stock company and renames itself The St. Paul.
  • 1871 – The St. Paul pays its claims from “The Great Chicago Fire”.
  • 1897 – Travelers issues the “First Automobile Policy”.
  • 1989 – Travelers offers liability insurance to employers know today as “Workers’ Compensation” and flourishes into a multi-line organization.
  • 1906 – The St. Paul pays its claims from “The San Francisco Earthquake”
  • 1912 – Travelers pays its claims from the “Sinking of the Titanic”.
  • 1919 – Travelers issues first insurance on aerial transportation. President Woodrow Wilson was the first aircraft passenger insured against aerial accidents.
  • 1929 – The St. Paul does not lay off workers because of “The Great Depression”.
  • 1969 – Travelers issues “Insurance for Flight and Lunar Exploration”.
  • 1996 – Travelers and Aetna Casualty form the 4 th largest Property and Casualty Company.
  • 1998 – The St. Paul and United States Fidelity and Guaranty Company (USF&G) form the 8 th largest Property and Casualty Company.
  • 2004 - The St. Paul acquires Travelers Property Casualty Corp. and renames itself The St. Paul Travelers Companies, Inc.
  • 2007 – The St. Paul Travelers Companies, Inc. changes company name to The Travelers Insurance Companies, Inc., reacquires the Red Umbrella at its symbol of protection and Became the title sponsor of the Travelers Championship.
  • 2009 – Down Jones adds The Travelers Companies, Inc. to the Dow Jones Industrial Average.
  • 2014 - Travelers extends sponsorship of the Travelers Championship for 10 years.
  • 2016 - *Created the Early Severity Predictor, the first predictive model to help injured employees avoid chronic pain and opioid use.
  • 2017 - *Introduced ZoneCheck SM , a first-of-its-kind online tool to help customers identify areas surrounding a job site that could be affected by vibrations from heavy equipment.
Financial Stability:
  • TRAVELERS® is rated A++ (Superior) by A.M. Best, AA (Very Strong) by Standard & Poor’s, Aa2 (Strong) by Moody’s and AA (Very Strong) by Fitch.
  • In 2015, posted record net income per diluted share of $10.88, net income of over $3.4 billion and a strong return on equity of 14.2%, with a consolidated combined ratio of 88.3%, demonstrating a continued focus on underwriting excellence and the value of industry-leading data and analytics.
  • 2018 Direct Written Premium more the $26.2 billion.

Employee and Community Oriented:
TRAVELERS® recognizes that building for the future also requires maintaining their talent advantage and diversity and inclusion are a business imperative. By creating a welcoming environment that brings together people with different backgrounds and perspectives, they enable new ideas, innovation and a culture in which employees feel valued, respected, supported and empowered. Their commitment to diversity aims to:
  • Employ a diverse workforce to reflect the communities in which they do business. Values the unique abilities and talents each individual brings to the organization and recognizes that they benefit in numerous ways from differences in culture, ethnicity, national origin, race, color, religion, gender, age, disability and sexual orientation.
  • Foster an inclusive environment for all employees. Fosters an inclusive work environment to allow all employees to reach their full potential.
  • Provide learning and development opportunities to advance diverse leaders. Provides learning and development opportunities, including career planning and mentoring assistance, to help all employees prepare for advancement.
  • Explore diverse markets today to tap into tomorrow’s opportunities. They are dedicated to creating a pipeline of diverse candidates and have active talent acquisition strategies, including sourcing strategies and diverse slate requirements, to help us do so.

TRAVELERS® has a responsibility to be a good corporate citizen and actively contribute to the
vitality and resilience of the communities they serve. Below are just a few examples of this
commitment:
  • Travelers Championship - Company and employees maintain a strong commitment to the communities in which we live and work. All of the net proceeds from this popular stop on the PGA TOUR go to charities throughout the region. Since Travelers became title sponsor, the tournament has generated nearly $20 million for more than 750 local charities
  • Travelers Foundation - Provided more than $25 million in community support in 2018, for a total of more than $218 million over the past decade.
  • Habitat for Humanity - Partnership with Travelers employees dedicated more than 8,500 hours to build 51 homes in the United States and Canada.
Company Highlights:
TRAVELERS® is an insurance company that cares. Travelers takes on the risk and provides the coverage needed to protect the things that are important to you, so you don’t have to worry. They have been around for more than 160 years and have earned a reputation as one of the best property casualty insurers in the industry because they take care of customers, communities and employees.

Expertise and focus on innovation have made them a leader in personal, business and specialty insurance and the only property casualty company in the Dow Jones Industrial Average. Every day, approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to customers.
  • Competitive advantages​
    • ​Considerable financial strength.
    • Superior depth and breadth of product offerings with strong underwriting focus.
    • Exceptional service delivered by applying innovative claim and medical management strategies.
    • Innovative risk control services.
    • Strong distribution with broad geographic presence across the United States and selected international markets.
  • Better experiences - More than 12,000 Claim employees are committed to exceptional service with empathy and compassion.
  • Deeper expertise - Industry-leading specialists study the ins and outs of risks all day, every way.
  • Smarter innovation - People are leading change and innovation in the insurance industry, anticipating customers’ needs and providing thoughtful solutions.
  • Sustainability - Continued success requires that they perform today, transform for tomorrow and fulfill promises to customers, communities and employees.

Industry Rankings:
  • TRAVELERS® is the 6th largest property and casualty insurer in the United States and ranks 106 th on the Fortune 500 list of largest corporations in the United States based on 2018 revenue.
  • Fortune 500, Fortune, 1995-2019
  • 3 rd largest writer of Property and Casualty Insurance coverage in the United States per NAIC.
  • 6 th largest writer of Homeowners Insurance in the United States per NAIC.
  • Largest writer of Workers’ Comprehensive coverage in the United States per NAIC.
  • 3 rd largest writer of Commercial General Liability coverage in the United States per NAIC.
  • 9 th largest writer of Private Passenger Auto in the United States per NAIC.
  • 2 nd largest writer of Commercial Auto in the United States per NAIC.
  • World’s Most Admired Companies, Fortune magazine, 2006-2019.
  • Employer of the Year, Lifeworks, 2019
  • Top 100 Military Friendly Employer, G.I. Jobs, 2007-2020.
  • Best Places to Work for LGBTQ Equality, Human Rights Campaign Foundation,2016–2019
  • America’s Best Employers for Diversity, Forbes, 2019
  • America’s Best Employers for Women, Forbes, 2019  ​
www.travelers.com
(425) 681-0996
8195 166th Ave Ne, #201
Redmond, WA 98052
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