Quantcast
 
Learn to trade in these market conditions - Click here Just Released!


 

Travelers Construction Insurance Expands Pipeline with IndustryEdgeSM for Plumbing and Mechanical Contractors

Mon. September 29, 2008; Posted: 09:00 AM
Stocks RSS
HARTFORD, Conn., Sep 29, 2008 (BUSINESS WIRE) -- TRV | Quote | Chart | News | PowerRating -- It is no easy task running a high-quality construction firm in today's business environment. It's difficult to find enough time to deal with the normal, yet crucial, day-to-day needs of running a contracting business, let alone analyze the evolving risks and construction insurance needs that come with the plumbing and mechanical trades. With a thorough understanding of the risks and the range of issues plumbing and mechanical contractors face, Travelers (NYSE: TRV | Quote | Chart | News | PowerRating) Construction announced today the availability of its newest contractors insurance product, IndustryEdge for Plumbing and Mechanical Contractors.

Travelers Construction recognizes that each contractor's situation is unique and works hard to deliver insurance and risk management solutions that are in-synch with a contractor's specific needs. Together with its network of independent agents, Travelers Construction built a total account solution that provides one source for construction insurance, risk management and claims handling. The latest product provides contractors liability insurance, workers compensation, commercial auto, property, inland marine and umbrella, as well as specialized coverages -- specific to plumbing and mechanical contractors.

"Without the proper contractors insurance coverage for each part of their business, many contractors may be leaving themselves open to potentially disastrous business expenses that could be avoided," said Todd Bateson, President of Travelers Construction. "Travelers has a construction insurance team in place that has significant experience working with plumbing and mechanical contractors. We built this product utilizing that knowledge and experience, along with feedback from our agents and customers."

With the IndustryEdge for Plumbing and Mechanical Contractors product, Travelers Construction is targeting safety-minded plumbing and mechanical contractors that have 20 or more employees, with a broad spectrum of operations -- from air conditioning to heating systems, water supply to sewer hook ups, and clean rooms to boilers. As with all IndustryEdge products, customers receive dedicated, contractor-specific safety and risk control solutions, as well as a dedicated and knowledgeable claim service staff.

Travelers Construction is on the leading edge of industry changes, not only responding to, but anticipating emerging risks and customer needs. With the IndustryEdge brand, Travelers Construction is staying in synch with its customers and agents and the industries in which they operate, providing broad-based insurance solutions with industry specific expertise.

For more information on construction insurance and the IndustryEdge for Plumbing and Mechanical Contractors product, contact Jim Carr, (860) 277-5752 or jccarr@travelers.com.

About Travelers

The Travelers Companies, Inc. (NYSE: TRV | Quote | Chart | News | PowerRating) is a leading property casualty insurer selling primarily through independent agents and brokers. Travelers understands that life and business are inherently dynamic and that the best way to serve customers is to deliver insurance in-synch with evolving risks. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. Travelers is a Fortune 100 company, with 2007 revenues of approximately $26 billion. The company has more than 33,000 employees. For more information on being in-synch, visit www.travelers.com.

SOURCE: Travelers

Travelers Companies, Inc. Jeffrey Weir, 860-277-8692 jsweir@travelers.com

For full details on The Travelers Companies Inc. (TRV) click here. The Travelers Companies Inc. (TRV) has Short Term PowerRatings of 4. Details on The Travelers Companies Inc. (TRV) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.