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.

TRAVELERS maintains a strong testament and dedication to protecting customers from loss and continued innovation and ability to transform their industry. Minimizing risk, preventing loss and helping customers prepare for the unknown, Travelers' comprehensive products, services and support give individuals and businesses the confidence they need to feel secure.

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 4th largest Property and Casualty Company.
  • 1998 – The St. Paul and United States Fidelity and Guaranty Company (USF&G) form the 8th 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. and reacquires the Red Umbrella at its symbol of protection.
  • 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.
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.
  • 2016 Direct Written Premium of almost $25 billion.

Employee and Community Oriented:
  • TRAVELERS believes diversity is not just good business, it’s a business imperative, because diversity and the ideas it brings, are essential for success as an insurance company.
  • Values the unique abilities and talents everyone offers and supports a work environment where all employees should feel they can work together to achieve their full potential.
  • Net proceeds from the Travelers Championship on the go to more than 140 charities throughout the region.
  • Employees logged nearly 70,000 corporate and personal volunteer hours 2015.

Company Highlights:
  • TRAVELERS Foundation provided nearly $22 million in community support, for a total of more than $200 million over the last ten years.
  • The Travelers Foundation marked its 32nd anniversary in 2016.
  • Business and International Insurance distributes products through approximately 13,000 independent agencies and brokers across the country.
  • Travelers Championship on the has raised more than $33 million for charity.

Industry Rankings:
TRAVELERS is the 6th largest property and casualty insurer in the United States and ranks 105th on the Fortune 500 list of largest corporations in the United States based on 2016 revenue.

  • 6th largest writer of Homeowners Insurance in the United States.
  • Largest writer of Workers’ Comprehensive coverage in the United States.
  • 3rd largest writer of Commercial General Liability coverage in the United States.
  • 10th largest writer of Private Passenger Auto in the United States.
  • 2nd largest writer of Commercial Auto in the United States.
  • 4th largest writer of Inland Marine coverage in the United Sates.
  • 2nd largest writer of Ocean Marine coverage in the United States.
  • World’s Most Admired Companies, Fortune magazine, 2006-2015.
  • Top 100 Military Friendly Employer, G.I. Jobs, 2007-2015.
  • One of #25 “Noteworthy Companies for Diversity,” Diversity Inc. magazine 2013-2016.
 
www.travelers.com
(425) 681-0996
8195 166th Ave Ne, #201
Redmond, WA 98052
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