Travelers Life Insurance Company
1864 – J.G. Batterson and nine fellow Hartford businessmen found The Travelers Insurance Company “for the purpose of insuring travelers against loss of life or personal injury while journeying by railway or steamboat.”
1889 – Travelers offers liability insurance to employers, known today as workers’ compensation. Travelers flourishes into a multiple-line organization while satisfying a business need for policyholders.
1912 – After the Titanic sinks, Travelers pays more than $1 million to beneficiaries in accident calims and life insurance benefits.
1955 – Travelers introduces its homeowners policy, which provides fire, theft and other coverage. Soon the company writes such forms as store owners, apartment owners, and farm owners policies, and a public and institutional property plan, all of which protect policyholders from hazards covered in separate policies.
1974 – The St. Paul initiates a campaign to simplify insurance policy language; the first simplified policy is written at the reading level of popular magazines.
1980 – Travelers is the first insurance company to install an interactive company/agency computer system.
1998 – On April 24, The St. Paul acquires United Staes Fidelity and Guaranty Company, a Baltimore-based insurance company, to create the nation’s eighth largest property casualty insurer.
2004 – On April 1, The St. Paul and Travelers merge to form The St. Paul Travelers Companies, Inc., with Robert I. Lipp as chairman and Jay S. Fishman as president and CEO.
2007 – The company changes its name to The Travelers Companies, Inc. and re-acquires the red umbrella, a highly recognizable symbol that has represented Travelers insurance protection for decades.
2008 – With 155 years of experience managing risk with integrity, innovation and discipline, Travelers remains dedicated to finding new ways to respond to customers’ ever-changing needs.
2009 – On June 8, Dow Jones adds The Travelers Companies to the Dow Jones Industrial Average, Travelers is the only insurance company and one of only a few financial services companies on the list.
