Commercial auto is available to all Travelers agents, and our broad appetite for a wide variety of business classes opens the door for agents to increase their customer offerings and ultimately their business
HARTFORD, Conn., (Vocus) December 5, 2006
Travelers (http://www.travelers.com) today announced the availability of commercial auto coverage for small to mid-sized businesses on a monoline basis through its Select Accounts, Commercial Accounts and Construction divisions. This expanded monoline auto program provides a high-liability commercial auto policy on a stand-alone basis even when the supporting lines of coverage do not qualify.
"Agents often have trouble finding a desirable standard market for their commercial auto business. Our monoline program allows agents to separate the commercial auto coverage needs and consider Travelers as a better alternative," said Bill Cunningham, president of Travelers Commercial Accounts. "This gives customers the benefits of a preferred market, including superior service, a vast network of claim professionals in all 50 states, and the comfort of knowing that the number one writer of commercial auto in the U.S. is standing behind them."
"The combination of high limits and additional coverage options through Travelers' Business Auto Coverage Extension Endorsement allows agents to offer one of the best commercial auto policies available," added Todd Bateson, president of Travelers Construction.
Travelers also simplifies commercial auto insurance for companies working in more than one state by covering multi-state exposures on one policy, a feature both commercial and construction customers often require.* A minimum of five vehicles to very large fleets can be covered individually or as a group.
"Commercial auto is available to all Travelers agents, and our broad appetite for a wide variety of business classes opens the door for agents to increase their customer offerings and ultimately their business," said Marc Schmittlein, president of Travelers Select Accounts. "They can underwrite the monoline coverage just as they would for coverage associated with another package by submitting accounts easily through IENetSM, Travelers' award-winning rate, quote and issuance system or through their local middle market field office."
Travelers believes that life and business are inherently dynamic and that the best way to serve agents and policyholders is to provide insurance that helps them stay in-synch with their lives. For more information on being in-synch, visit http://www.travelers.com.
Travelers is a business of The St. Paul Travelers Companies, Inc. (NYSE: STA), a leading property casualty insurer selling primarily through agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in both the personal and commercial settings, including automobile, homeowners, construction, small business, oil and gas, ocean marine, financial and professional services, global technology and public sector services. St. Paul Travelers is ranked 85 in the Fortune 500, with 2005 revenues of $24.4 billion and total assets of $113.2 billion. The company has approximately 32,000 employees.
Jennifer Wislocki, 860.277.7458
*Multi-state does not apply to Massachusetts & Hawaii.