The Travelers Companies Inc - Company Profile

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The Travelers Companies Inc: Overview

The Travelers Companies Inc (TTC) is an insurance holding company. It offers a range of commercial and personal property and casualty insurance products and services. It provides insurance products for auto, homeowner’s, renter’s, condo, boat, yacht, valuable item, weeding and identity fraud. It also offers flood insurance, business owner’s policy, property insurance, casualty insurance, special risk insurance, management and professional liability insurance and surety bonds. Furthermore, the company offers claims settlement and insurance advisory services. The company offers its products and services to individuals, government units, associations and businesses. TTC markets and distributes its product through independent agents, brokers, branch offices and direct marketing. The company principally operates in the UK, the US, Canada, Colombia, Brazil and Ireland. TTC is headquartered in New York City, New York, the US.

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Headquarters United States of America

Address 385 Washington St, Saint Paul, Minnesota, 10017


Telephone 1 651 3107911

No of Employees 33,300

Industry Financial Services

Ticker Symbol & Exchange TRV (NYSE)

Revenue (2022) $41.4B 12.1% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 5.2% (2022 vs 2021)

Market Cap* $50.6B

Net Profit Margin (2022) XYZ -6.1% (2022 vs 2021)

* As of and is in US$
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The Travelers Companies Inc premium industry data and analytics

160+

Insurance Market Data Insights

Insight into market share and brand performance.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on The Travelers Companies Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Auto Insurance Claims Settlement Services
Home Owners Insurance Insurance Advisory Services
Valuable Item Coverage Insurance
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Acquisitions/Mergers/Takeovers In January, the company acquired Corvus Insurance Holdings, Inc. for US$435 million.
2023 Contracts/Agreements In September, the company expanded its relationship with Corvus Insurance to serve as a capacity provider for Corvus products in the US.
2023 New Products/Services In August, Northland Insurance announced the launch of a telematics program, a cargo theft reporting tool, and a curated set of safety and risk mitigation resources.
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Competitor Comparison

Key Parameters The Travelers Companies Inc The Progressive Corp The Allstate Corp Liberty Mutual Holding Company Inc Chubb Ltd
Headquarters United States of America United States of America United States of America United States of America Switzerland
City Saint Paul Mayfield Village Northbrook Boston Zuerich
State/Province Minnesota Ohio Illinois Massachusetts -
No. of Employees 33,300 61,400 53,000 50,000 40,000
Entity Type Public Public Public Private Public
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Executives
Name Position Board Since Age
Alan D. Schnitzer Chairman; Chief Executive Officer Executive Board 2017 57
William H. Heyman Vice Chairman Senior Management 2005 74
Avrohom J. Kess Chief Legal Officer; Vice Chairman Senior Management 2016 54
Daniel S. Frey Chief Financial Officer; Executive Vice President Senior Management 2018 58
Andy F. Bessette Executive Vice President; Chief Administrative Officer Senior Management 2002 69
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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