The Travelers Companies is an American insurance company. It is the second largest writer of U.S. commercial property casualty insurance and the third largest writer of U.S. personal insurance through independent agents. Travelers is incorporated in Minnesota, with headquarters in New York City and significant operations in St. Paul, Minnesota and Hartford, Connecticut. It has been a component of the Dow Jones Industrial Average since June 8, 2009.
The company has field offices in every U.S. state, plus operations in the United Kingdom, Ireland, Singapore, China, Canada, and Brazil. In 2012, the company reported revenues of US $25.7 billion and total assets of US $104.9 billion.
Travelers, through its subsidiaries and approximately 14,000 independent agents and brokers, provides commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals. The company offers insurance through three segments:
- Personal Insurance, which includes home, auto and other insurance products for individuals
- Business Insurance, which includes a broad array of property and casualty insurance and insurance-related services in the United States
- Financial, Professional & International Insurance, which includes surety, crime, and financial liability businesses which primarily use credit-based underwriting processes, as well as property and casualty products that are predominantly marketed on an international basis.
Read more about The Travelers Companies: Management Team, History, Philanthropy, Alleged Anticompetitive Practices, National Football League Lawsuit, Advertising, Notable Former Employees
Famous quotes containing the words travelers and/or companies:
“This ferry was as busy as a beaver dam, and all the world seemed anxious to get across the Merrimack River at this particular point, waiting to get set over,—children with their two cents done up in paper, jail-birds broke lose and constable with warrant, travelers from distant lands to distant lands, men and women to whom the Merrimack River was a bar.”
—Henry David Thoreau (1817–1862)
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—Gloria Steinem (20th century)