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Travelers 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) 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.”
About Travelers
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 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.
(a) Multi-state does not apply to Massachusetts & Hawaii.
Travelers 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) 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 IENet(SM), Travelers' award-winning rate,
quote and issuance system or through their local middle market field
office."
About Travelers
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 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.
(a) Multi-state does not apply to Massachusetts & Hawaii.