NYSE:TRV

Travelers Institute Announces Winter 2024 Wednesdays with Woodward® Webinar Schedule

Retrieved on: 
Monday, January 8, 2024

The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), today announced its Wednesdays with Woodward winter 2024 schedule.

Key Points: 
  • The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), today announced its Wednesdays with Woodward winter 2024 schedule.
  • The webinar series, hosted by Joan Woodward, President of the Travelers Institute and Executive Vice President of Public Policy at Travelers, features thought leaders from both the public and private sectors discussing relevant topics for companies and consumers.
  • This webinar is part of the “Citizen Travelers at the Travelers Institute” program series.
  • Feb. 14: “2024 Economic Outlook with Goldman Sachs’ Chief U.S. Economist” – David Mericle, Goldman Sachs’ Chief U.S.

Travelers Introduces New Financial Institutions Bond for Asset Managers

Retrieved on: 
Thursday, January 4, 2024

The Travelers Companies, Inc. (NYSE: TRV ) today announced that it is now offering a new financial institutions bond specifically for asset managers.

Key Points: 
  • The Travelers Companies, Inc. (NYSE: TRV ) today announced that it is now offering a new financial institutions bond specifically for asset managers.
  • The product will help protect asset managers against financial loss caused by employee theft or third-party criminal activity and also includes coverage for social engineering fraud, a scheme where an employee is deceived into transferring funds to an illegitimate account.
  • “We know asset managers play a pivotal role in the financial ecosystem, and this new best-in-class bond is tailored to meet their unique needs,” said Tracey Santor, Assistant Vice President and Financial Institution Bond Product Manager at Travelers.
  • “We’ve taken the original bond, expanded the coverage, and simplified and streamlined the parts that don’t pertain to asset managers.

Travelers Completes Acquisition of Corvus Insurance

Retrieved on: 
Tuesday, January 2, 2024

The Travelers Companies, Inc. (NYSE: TRV ) today completed its previously announced acquisition of Corvus Insurance Holdings, Inc. , an industry-leading cyber insurance managing general underwriter that is powered by proprietary technology.

Key Points: 
  • The Travelers Companies, Inc. (NYSE: TRV ) today completed its previously announced acquisition of Corvus Insurance Holdings, Inc. , an industry-leading cyber insurance managing general underwriter that is powered by proprietary technology.
  • “We have forged a strong strategic partnership with the talented team at Corvus over the past year, and we are pleased to officially welcome them to the Travelers family,” said Alan Schnitzer, Chairman and Chief Executive Officer of Travelers.
  • “With a proven platform and deep cyber underwriting and risk management expertise, Corvus brings to Travelers important cyber capabilities.”
    Corvus has developed an industry-leading suite of integrated cyber sales, underwriting, service and support capabilities.
  • Corvus’ platform also delivers distribution efficiencies to insurance agents and brokers.

Travelers Schedules Conference Call to Review Fourth Quarter 2023 Results

Retrieved on: 
Thursday, December 14, 2023

The Travelers Companies, Inc. (NYSE: TRV ) will review its fourth quarter and full year 2023 results at 9 a.m.

Key Points: 
  • The Travelers Companies, Inc. (NYSE: TRV ) will review its fourth quarter and full year 2023 results at 9 a.m.
  • ET on Friday, Jan. 19, following the release of results earlier that morning.
  • Investors can access the call via webcast at investor.travelers.com and by dialing 888-440-6281 within the United States or 646-960-0218 outside the United States.
  • Following the event, replays will be available via webcast for one year at investor.travelers.com and by telephone for 30 days by dialing 800-770-2030 within the United States or 647-362-9199 outside the United States.

Travelers Named a Leader in LGBTQ+ Workplace Inclusion

Retrieved on: 
Tuesday, December 12, 2023

The Travelers Companies, Inc. (NYSE: TRV ) today announced it has once again received a score of 100 on the Corporate Equality Index (CEI), earning the Equality 100 Award and named a Leader in LGBTQ+ Workplace Inclusion.

Key Points: 
  • The Travelers Companies, Inc. (NYSE: TRV ) today announced it has once again received a score of 100 on the Corporate Equality Index (CEI), earning the Equality 100 Award and named a Leader in LGBTQ+ Workplace Inclusion.
  • Administered by the Human Rights Campaign Foundation, the CEI is the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
  • “Diversity and inclusion is core to who we are, and it’s an honor to be recognized for our efforts,” said Dr. Lauren Young, Chief Diversity & Inclusion Officer at Travelers.
  • For more information about diversity and inclusion at Travelers, visit Travelers.com/diversity .

Travelers Recognized for Military-Friendly Culture

Retrieved on: 
Monday, November 13, 2023

The Travelers Companies, Inc. (NYSE: TRV ) today announced it has once again been named a Military Friendly® Employer and Military Spouse Friendly® Employer by VIQTORY .

Key Points: 
  • The Travelers Companies, Inc. (NYSE: TRV ) today announced it has once again been named a Military Friendly® Employer and Military Spouse Friendly® Employer by VIQTORY .
  • “We have a long and proud history of supporting the military community, and it’s an honor to be recognized for our efforts,” said Diane Kurtzman, Executive Vice President and Chief Human Resources Officer at Travelers.
  • Since 2010, Travelers employees have completed more than 700 mentorships with post-9/11 veterans.
  • To learn more about military-friendly programs at Travelers, visit Travelers.com/military .

Travelers to Acquire Corvus Insurance

Retrieved on: 
Friday, November 3, 2023

The Travelers Companies, Inc. (NYSE: TRV ) today announced that it has agreed to acquire Corvus Insurance Holdings, Inc. for approximately $435 million.

Key Points: 
  • The Travelers Companies, Inc. (NYSE: TRV ) today announced that it has agreed to acquire Corvus Insurance Holdings, Inc. for approximately $435 million.
  • Founded in 2017, Corvus is an industry-leading cyber insurance managing general underwriter, powered by proprietary technology.
  • “Corvus’ expertise in excess and surplus lines for cyber, along with our industry-leading distribution position in the admitted markets, is a powerful combination,” said Jeff Klenk, Executive Vice President and President of Bond & Specialty Insurance at Travelers.
  • We have a strong working relationship with the Corvus team through our existing cyber capacity arrangements in the United States and Europe, and we are thrilled to have them join the Travelers family.”
    Madhu Tadikonda, Chief Executive Officer of Corvus, said, “At Corvus we have been building a safer world through cyber insurance products and digital tools that reduce risk and improve resilience for policyholders.

Travelers Institute® to Host Travelers Chairman and CEO Alan Schnitzer for Its 100th Wednesdays with Woodward® Webinar

Retrieved on: 
Wednesday, September 27, 2023

The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), will celebrate the 100th episode of its Wednesdays with Woodward webinar series Oct. 25 with special guest Alan Schnitzer, Chairman and Chief Executive Officer of Travelers.

Key Points: 
  • The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), will celebrate the 100th episode of its Wednesdays with Woodward webinar series Oct. 25 with special guest Alan Schnitzer, Chairman and Chief Executive Officer of Travelers.
  • Schnitzer will sit down with series creator and host Joan Woodward, President of the Travelers Institute and Executive Vice President of Public Policy at Travelers, for a candid, one-on-one discussion about what leadership looks like in times of uncertainty and rapid change.
  • “Our Wednesdays with Woodward series started as a way to keep us all connected during the pandemic, and it has since grown into one of the most impactful programs in the Travelers Institute’s history,” said Woodward.
  • “It was Alan’s vision 15 years ago that created the Travelers Institute, and we are honored to have him mark our 100th episode.

Travelers Risk Index: Amid Fluctuating and Emerging Business Risks, Cyber Threats Remain a Leading Concern

Retrieved on: 
Tuesday, September 26, 2023

The Travelers Companies, Inc. (NYSE: TRV ) today released its 2023 Travelers Risk Index results , and for the ninth straight year, cyber threats were one of the top three business concerns among the 1,200 survey participants from small-, medium- and large-sized companies.

Key Points: 
  • The Travelers Companies, Inc. (NYSE: TRV ) today released its 2023 Travelers Risk Index results , and for the ninth straight year, cyber threats were one of the top three business concerns among the 1,200 survey participants from small-, medium- and large-sized companies.
  • Tim Francis, Enterprise Cyber Lead at Travelers, said, “Cyber risks have extremely serious consequences – one attack can weaken an organization or potentially put it out of business.
  • Fortunately, there are effective measures that companies can take to address vulnerabilities and successfully manage through a cyber event.”
    Respondents expressed confidence that their company had implemented best cyber practices.
  • Additional highlights from the survey include:
    Ransomware ranked ninth among cyber-specific business worries, despite it being a leading cause of cyber-related claims in the industry.