The Travelers Companies, Inc., commonly referred to as Travelers, is a prominent American insurance company, ranking as the second-largest provider of U.S. commercial property casualty insurance and the sixth-largest for U.S. personal insurance through independent agents. With its incorporation in Minnesota, headquarters in New York City, and the primary office in Hartford, Connecticut, Travelers has been a constituent of the Dow Jones Industrial Average since June 8, 2009.

Global Presence: With field offices across every U.S. state and operations spanning the United Kingdom, Ireland, Singapore, China, Canada, and Brazil, Travelers secured the 98th position in the 2021 Fortune 500 list, boasting total revenue amounting to $32 billion.

Travelers Insurance is a well-established insurance company that provides a wide range of insurance products and services to individuals, businesses, and organizations.

  1. Auto Insurance:
    • Travelers offers comprehensive auto insurance coverage, including liability, collision, comprehensive, uninsured/underinsured motorist, and personal injury protection (PIP) options. Their auto insurance is designed to protect individuals and their vehicles in various situations.
  2. Home Insurance:
    • Travelers provides homeowners insurance, renters insurance, and condominium insurance. Coverage includes protection for the structure, personal belongings, liability, and additional living expenses in the event of covered perils such as fire, theft, or natural disasters.
  3. Business Insurance:
    • Travelers is a major provider of business insurance, offering a variety of commercial coverages for small, medium, and large enterprises. This includes property insurance, general liability, workers’ compensation, professional liability, and specialized industry-specific coverages.
  4. Workers’ Compensation:
    • Travelers offers workers’ compensation insurance to businesses, providing coverage for medical expenses, rehabilitation, and lost wages for employees who suffer work-related injuries or illnesses.
  5. Risk Management and Loss Control:
    • Travelers provides risk management services to help businesses identify and mitigate potential risks. This includes loss control measures to enhance workplace safety and reduce the likelihood of accidents.
  6. Cyber Insurance:
    • Recognizing the importance of cybersecurity, Travelers offers insurance solutions to protect businesses from the financial impact of data breaches, cyberattacks, and other technology-related risks.
  7. Surety Bonds:
    • Travelers offers surety bonds to guarantee the performance of contracts, ensuring that parties fulfill their contractual obligations. This is particularly relevant in construction and other industries.
  8. Umbrella Insurance:
    • Umbrella insurance provides additional liability coverage beyond the limits of standard policies, offering an extra layer of protection for individuals and businesses.
  9. Personal Insurance Packages:
    • Travelers offers bundled insurance packages, combining auto, home, and other personal coverages to provide comprehensive protection for individuals and families.
  10. Boat and Yacht Insurance:
    • Travelers provides insurance coverage for boats and yachts, protecting against physical damage, liability, and other risks associated with watercraft.
  11. Identity Theft Protection:
    • Travelers offers identity theft protection services, helping individuals safeguard their personal information and providing assistance in the event of identity theft.


Travelers No-Fault Insurance (Personal Injury Protection – PIP):

  1. Medical Expense Coverage:
    • PIP coverage under Travelers Insurance may include reimbursement for medical expenses resulting from injuries sustained in a covered auto accident. This can cover hospital visits, surgeries, rehabilitation, and other necessary medical treatments.
  2. Lost Wages Reimbursement:
    • In addition to medical expenses, PIP coverage may provide compensation for lost wages if the policyholder or passengers are unable to work due to injuries sustained in an auto accident.
  3. Essential Services Coverage:
    • Some PIP coverages extend to cover essential services that an injured person may be unable to perform due to the accident. This can include tasks such as housekeeping or childcare.
  4. Funeral Expenses:
    • In unfortunate cases where a covered accident results in a fatality, PIP coverage may include benefits for funeral expenses.
  5. No-Fault System Benefits:
    • Being a no-fault insurance system, PIP coverage from Travelers Insurance allows policyholders to seek compensation for medical expenses and other covered losses without having to establish fault or liability


Travelers Workers’ Compensation Insurance:

  1. Medical Benefits:
    • Workers’ compensation insurance from Travelers typically covers medical expenses related to workplace injuries or illnesses. This includes doctor visits, hospital stays, surgeries, prescription medications, and rehabilitation services.
  2. Lost Wages Replacement:
    • In the event that an employee is unable to work due to a covered injury or illness, workers’ compensation provides partial wage replacement. This can help maintain financial stability during the recovery period.
  3. Rehabilitation Services:
    • Travelers may offer coverage for rehabilitation services, such as physical therapy or vocational training, to assist injured employees in their recovery and return to work.
  4. Death Benefits:
    • In cases of fatal workplace incidents, workers’ compensation insurance provides death benefits to the dependents or beneficiaries of the deceased employee.
  5. Legal Protection:
    • Workers’ compensation coverage from Travelers includes legal protection, covering the costs associated with legal representation if disputes arise over the benefits provided.
  6. Return-to-Work Programs:
    • Travelers may offer return-to-work programs designed to facilitate the reintegration of injured employees into the workforce, often through modified or transitional work assignments.


Historical Foundations: The Travelers Companies, Inc. traces its roots to predecessors The St. Paul Companies, Inc., and Travelers Property Casualty Corporation. The journey began with the founding of Saint Paul Fire and Marine Insurance Co. in 1853, surviving economic challenges by restructuring into a stock company. In 1998, Travelers expanded significantly by acquiring United States Fidelity and Guaranty Company (USF&G), ascending to the eighth-largest property and casualty insurance company in the United States.

Founding of Travelers Insurance Company: Founded by James G. Batterson in Hartford, Connecticut, the Travelers Insurance Company originated in 1859 after Batterson’s exposure to accident insurance during travel in England. Officially chartered on June 17, 1863, Travelers issued its first regular insurance policy on April 5, 1864. Over the years, the company underwent logo transformations, adopting the iconic red umbrella in 1959.

Innovations and Industry Firsts: Throughout the 20th century, Travelers spearheaded numerous insurance industry firsts, including the inaugural automobile policy in 1897, air travel policy in 1919, and space travel policy in the late 1960s. The company established the world’s first privately owned weather research facility, the Travelers Weather Research Center, in 1954, pioneering weather predictions using probabilities.