The Travelers Companies Corporate Office Address, Headquarters, Phone Number, Email ID, Address and more

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The Travelers Companies Corporate Headquarters Address, CEO Email Address, and Corporate Office Info

The Travelers Companies, Inc., or Travelers, is an insurance firm based in the United States. It is the second-largest provider of commercial property and casualty insurance in the United States, and the sixth-largest provider of personal insurance in the United States through independent agents. Travelers is headquartered in New York City and has its largest office in Hartford, Connecticut. It was founded in Minnesota. In addition, Travelers has a significant office in St. Paul, Minnesota. Since June 8, 2009, it has been a part of the Dow Jones Industrial Average. Every state in the United States has a field office, as well as operations in the United Kingdom, Ireland, Singapore, China, Canada, and Brazil. Saint Paul Fire and Marine Insurance Co. was created in St. Paul, Minnesota, on March 5, 1853, to serve local consumers who were having trouble collecting prompt claim payments from insurance firms on the east coast of the United States. It barely made it through the 1857 Panic by drastically reducing its operations and then reorganising as a stock firm (as opposed to a mutual company). It quickly expanded its activities throughout the country. In 1998, it paid $3.9 billion in equity and assumed debt to buy USF&G, formerly known as United States Fidelity and Guaranty Firm, an insurance company based in Baltimore, Maryland. They moved from the 13th to the twelfth position by purchasing USF&G. They shrunk the company significantly over the coming years as a result of economies of scale between the two companies and a difficult business environment, selling several business divisions to focus on more profitable business areas. The Travelers Insurance Company was created in Hartford by James G. Batterson, a stone contractor who learned about accident insurance for travellers (an early type of travel insurance) while travelling from Leamington to London in England in 1859. His train ticket contained accidental death insurance up to £1,000 in coverage, as well as lower indemnities for non-fatal injuries.

The Travelers Companies Corporate Office Address

The company’s first logo was a knight in shining armour. The red umbrella initially appeared in Travelers advertisements in 1870, but it was not yet the official logo at that time. In 1920, the company’s official emblem was changed from a suit of armour to the Travelers Tower, which was then replaced with the red umbrella in 1959. Travelers was responsible for several firsts in the insurance market during the twentieth century, including the first automobile policy (1897), the first air travel policy (1919), and the first space travel policy (late 1960s, for astronauts in the Apollo program). The Travelers Meteorological Research Center, the world’s first privately owned weather research facility, was created by the corporation in 1954. Travelers had become primarily a general property and casualty insurer with a sideline in travel insurance by the early 1990s, and the company quietly abandoned its original travel insurance business in February 1994 by selling the operation to a retiring Travelers official. Travel Insured International, a Crum and Forster Company, is the consequence of this merger. Travelers went through a number of mergers and acquisitions in the 1990s. In December 1993, Primerica purchased it, although the new firm kept the Travelers name. It was renamed The Travelers Group in 1995. The Travelers Group combined with Citicorp in April 1998 to establish Citigroup. However, the synergies between the banking and insurance parts of the corporation did not work out as intended, so Citigroup spun off Travelers Property and Casualty as a separate company in 2002, keeping the red umbrella brand. Citigroup sold Travelers Life & Annuity to MetLife three years later. In 2003, Travelers purchased renewal rights. Travelers announced in June 2013 that it has purchased Dominion of Canada General Insurance Company from E-L Financial Corporation Limited (TSX: ELF). In November 2013, the purchase was completed. The combined company, known as Travelers Canada, will continue to be located in Toronto. In September 2015, the company’s joint venture with J. Malucelli in Brazil finalised the acquisition of a controlling stake in Cardinal Compaa de Seguros, a Colombian surety startup. J. Malucelli Travelers is the co-branded name of the company, which is situated in Bogotá. Travelers purchased a majority stake in its J. Malucelli joint venture’s property casualty business in October 2015.

Travelers presently owns 95 percent of the property casualty business, with Paraná Banco, J. Malucelli’s parent firm, holding a 5% stake. Travelers’ investment in the J. Malucelli joint venture’s surety business remains at 49.5 percent. Simply Business, established in the United Kingdom, was acquired by Travelers in March 2017 for $490 million from Aquiline Capital Partners. Simply Company is a significant online distributor of small business insurance coverage in the United Kingdom, offering products from a variety of carriers. It has over 425,000 microbusiness customers and serves over 1,000 different types of businesses, earning it the title of “Best Company to Work For.” Travelers was placed 106 on the Fortune 500 list of the top companies in the United States in 2018.  Travelers took the place of its previous parent Citigroup on the Dow Jones Industrial Average on June 8, 2009. Alan Schnitzer will succeed Jay Fishman as Chief Executive Officer on December 1, 2015, the business announced on August 4, 2015. Simply Company, a significant provider of small business insurance products in the United Kingdom, was acquired by Travelers on August 4, 2017, as previously reported. Travelers purchased a majority investment in Zensurance, a digital business insurance brokerage in Canada, on August 15, 2018.

Corporate Headquarters Address and Phone Number
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The Travelers Companies Corporate Headquarters Address

Travelers Personal Insurance
PO BOX 660307
Dallas, TX 75266-0307

How do I contact The Travelers Companies CEO?

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The Travelers Companies Contact Details

The Travelers Companies Headquarters Contact Details: NA

The Travelers Companies Headquarters Address: New York, New York, United States

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