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MarketScreener Homepage  >  Equities  >  Nyse  >  The Travelers Companies    TRV

THE TRAVELERS COMPANIES

(TRV)
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Travelers : Introduces Global Companion℠ Plus+

11/10/2020 | 09:40am EST

The Travelers Companies, Inc. (NYSE: TRV) today announced the launch of Global Companion Plus+. This new product builds upon the company’s broad property and casualty offerings for U.S. firms with foreign exposures.

Features of Global Companion Plus+ include:

  • Primary Foreign Voluntary Workers Compensation: Protects employees who are working outside of their home countries.
  • Financial Interest: Provides a separate $1 million limit for U.S.-based companies as an extra layer of protection when an eligible foreign subsidiary suffers a covered loss.
  • Global Panel Counsel Service: Helps businesses in need of legal assistance abroad find in-country representation experienced in local regulations and languages.
  • Emergency Evacuation Coverage: Offsets the cost of employees who must evacuate while abroad. This now includes coverage for natural disasters, political unrest and endemic disease.

“Even if a business does not have a physical foreign footprint, having international customers, worldwide vendors or employees who occasionally travel to different countries could create exposures that may not be covered by a typical domestic business insurance policy,” said Tony Giannone, Vice President of the Multinational Accounts Practice at Travelers. “We have updated our Global Companion Plus+ product to include a more robust offering that fills coverage gaps for our customers who could experience claims or lawsuits outside of the U.S.”

Travelers provides global coverage in conjunction with its strategic alliances in the International Network of Insurance (INI), which includes major international insurance companies from more than 150 countries. As the INI’s exclusive U.S. insurer, Travelers is able to offer customers access to experts around the world who have a deep understanding of local laws, regulations, customs and services, including specialized local claim professionals coordinated through Travelers’ Global Claim team.

To learn more about Global Companion Plus+, contact your insurance agent or broker, or visit Travelers.com/GlobalSolutions.

About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $32 billion in 2019. For more information, visit Travelers.com.


© Business Wire 2020
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Financials (USD)
Sales 2020 29 051 M - -
Net income 2020 2 131 M - -
Net Debt 2020 - - -
P/E ratio 2020 17,2x
Yield 2020 2,33%
Capitalization 36 735 M 36 735 M -
Capi. / Sales 2020 1,26x
Capi. / Sales 2021 1,20x
Nbr of Employees 30 800
Free-Float 32,4%
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Technical analysis trends THE TRAVELERS COMPANIES
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 141,44 $
Last Close Price 145,02 $
Spread / Highest target 10,3%
Spread / Average Target -2,47%
Spread / Lowest Target -15,9%
EPS Revisions
Managers and Directors
NameTitle
Alan D. Schnitzer Chairman & Chief Executive Officer
Mojgan Lefebvre Chief Technology & Operations Officer, EVP
Daniel S. Frey Chief Financial Officer & Executive Vice President
William Herbert Heyman Vice Chairman
Janet M. Dolan Independent Director
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