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Share Name | Share Symbol | Market | Type |
---|---|---|---|
The Travelers Companies Inc | NYSE:TRV | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.52 | -0.24% | 213.85 | 214.36 | 211.19 | 213.08 | 1,298,446 | 01:00:00 |
New service model for claim administration subsidiary features customizable programs, digital tools, investigative services and more at a flexible price
The Travelers Companies, Inc. (NYSE: TRV) today announced the redesign of Constitution State Services (CSS), its third-party administrator for workers compensation, general liability, commercial auto and property claims. Through a reimagined service model, CSS now offers highly customizable solutions based on customers’ unique risk appetites to better help them manage complex claims and loss costs.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200826005422/en/
When a claim is filed, CSS quickly responds with a dedicated team of specialists who manage the process from start to finish. CSS customers receive benefits such as flexible pricing, industry-leading digital tools, investigative services and subrogation results that are double the industry average to help them meet their objectives.
“Whether it’s a workplace injury or property damage, companies need a claim management partner that works quickly as an extension of their team,” said John Gorecki, President of Constitution State Services. “Our new service model was shaped by extensive market research, which helped us create the most effective, field-tested strategies to resolve claims with minimal cost and disruption to our customers’ businesses.”
This innovative new approach also includes:
“Managing claims requires specific expertise,” said Bill Malugen, Executive Vice President and President, National Accounts at Travelers. “With CSS, businesses have a partner that can help them navigate their risk management challenges while treating each claimant with empathy, flexibility and personal attention.”
See how CSS is better positioned to meet customers’ needs by visiting constitutionstateservices.com.
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 www.travelers.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200826005422/en/
Media: Kate Thermansen, 860.954.1789 ktherman@travelers.com
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