Travelers Insurance Company is over 150 years old and has Minnesota roots. In 1853, then secretary of the Minnesota Territory, Alexander Wilkin saw the need for a local company to provide insurance coverage in case of fire. He and 16 other St. Paul businessmen established the St. Paul Fire and Marine Company. In 1866, they expanded insurance protection to include all accidents. According to the Travelers website, two claims of interest from those days include a ticket agent who broke his leg while trying to stop a runaway horse, and a carpenter who broke his collar bone when after getting tangled up in his dance partner’s hoop skirt.
In 1969, Travelers issued the first policy for space flight, lunar exploration, and the Apollo Astronauts.
Thirty years later, Travelers (in a joint effort with Bond and Personal Ins) was the first to offer Identity Fraud Expense Reimbursement coverage.
Travelers is represented by over 13,000 independent agencies and brokerages nationwide and they have reps in every U.S. state, as well as in Canada, Ireland, and the U.K.
You can learn more about their history at http://www.travelers.com/about-us/flash/history.html
In the past, I wrote a lot of commercial insurance. Working with Travelers (the 2nd largest provider of commercial insurance in the country) and some of the other companies I represent, I am looking forward to providing business/commercial insurance for my clients.
Are you paying too much for your commercial insurance? Give me a call at 507-226-8121 and let’s see.