The Travelers Companies Inc - Company Profile
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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.
The Travelers Companies Inc premium industry data and analytics
Products and Services
Products | Services |
---|---|
Auto Insurance | Claims Settlement Services |
Home Owners Insurance | Insurance Advisory Services |
Valuable Item Coverage Insurance | |
XYZ | |
XYZ | |
XYZ |
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. |
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 | 55,100 | 53,000 | 50,000 | 40,000 |
Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
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 | Vice Chairman; Chief Legal Officer | Senior Management | 2016 | 54 |
Daniel S. Frey | Executive Vice President; Chief Financial Officer | Senior Management | 2018 | 58 |
Andy F. Bessette | Chief Administrative Officer; Executive Vice President | 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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