What Type of Insurance Company is Travelers?

For more than 165 years, Travelers has been a leader in the real estate accident insurance industry, providing customers with reliable and comprehensive coverage. Learn more about what type of insurance company Travelers is.

What Type of Insurance Company is Travelers?

For more than 165 years, Travelers has been a leader in the real estate accident insurance industry, providing customers with reliable and comprehensive coverage. It all began in 1855 when Alexander Wilkin, Secretary of the Minnesota Territory, and 16 other marine and fire insurance companies from St. Paul created The St. Paul Fire and Marine Insurance Company in response to the growing fire threat.

That same year, the company paid its first claim after a fire spread from a bakery to an adjoining row of offices. In 1996, Travelers Group acquired the property and accident insurance businesses of Aetna Life and Casualty Company and changed its name to Primerica. The financial services conglomerate adopted the red umbrella logo, which it kept even after splitting off the property and casualty insurance business in 2002 to form a new publicly traded company called Travelers Property Casualty Corp. This marked the first time in U.

S. history that an insurance company offered more than one type of insurance, as Travelers began selling life insurance in 1865. Today, Travelers provides customers with a variety of insurance plans, including vacation insurance plans such as Travel Guard. These plans offer coverages such as trip cancellation and interruption, medical expenses and evacuation, lost or delayed baggage, and more. Additionally, travelers can be protected from unexpected expenses that occur before or during their trip with a travel insurance plan. It is important to note that expenses incurred by external providers for support services that are not part of a registered insurance plan are the traveler's responsibility.

If you have any questions about your current coverage, call your insurer or insurance agent or broker.

Chester Torn
Chester Torn

Hardcore music junkie. Friendly thinker. Freelance web junkie. Unapologetic coffeeaholic. Professional zombieaholic. Avid coffee geek.

Leave Message

All fileds with * are required