Travelers Insurance is one of the largest insurance selling companies in the United States. The company was founded by James G. Batterson in 1853 in Saint Paul, Minnesota. Also known as the Travelers Companies, this American insurance company is the second largest insurer of the nation’s commercial property-casualty, and is also the third largest insurer of the nation’s personal insurance policies. In 2009, Travelers Insurance was named a component of the Dow Jones Industrial Average, alongside companies such as Cisco Systems, Pfizer and Verizon.
Travelers works in conjunction with over fourteen thousand independent agents and brokers in order to provide the best personal and property casualty insurance products or services to the public. The company offers insurance by means of three different segments: personal insurance, business insurance, and bond and specialty insurance. Personal insurance includes products such as home and auto insurance for individuals. Business insurance includes a broad spectrum of services such as property and casualty insurance. Bond and specialty insurance pertains to crime and financial liability businesses which primarily use credit-based underwriting processes. Bond and specialty insurance also includes property and casualty insurance products that have appeared on the international market.
This company has been recognized numerous times on the A.M. Best rating scale. The A.M. Best scale is an American based rating agency that focuses solely upon the insurance marketplace. Travelers Insurance has been rated on this list for its successful financial strength ratings as well as its rates on financial instruments, such as bonds, notes and securitization products. The company holds a rating of AMB-1+ on the Short-Term Issuer Credit Rating. This means that the company holds the strongest and highest possible rating that can be achieved. On the Long-Term Issuer Credit Rating, the rating is an a+. This means that the company has been reviewed and stands within an excellent margin. These ratings were presented in May of 2014.
For over one hundred and fifty years, Travelers Insurance has worked consistently to live up to their company goal, which is to create a combination of insurance-related products and services that are in the best interest of the customer. Visit Travelers Insurance today to see how they can find the best insurance fit for you.
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