Thursday, April 3, 2008

about Travelers

In business for over 150 years, Travelers has been an industry leader from the start. We issued the first auto policy in 1897 and continue to lead the way with innovative insurance products, first class service and industry-leading technology.

1853 Alexander Wilkin and 16 fellow Saint Paul, MN businessmen found St. Paul Fire & Marine Insurance Company.
1864 J.G. Batterson and nine others form The Travelers Insurance Company "for the purpose of insuring travelers against loss of life or personal injury while journeying by railway or steamboat."
1897 Issued the first automobile insurance policy.
1903 Opened the first school to train insurance agents.
1904 Organized the first corps of safety engineers.
1907 Organized to write property coverages.
1912 Offered first combination auto policy.
1936 Launched a drivers' education program.
1953 Developed the first automobile simulator for driver education purposes.
1956 Installed first computer, an IBM 650.
1956 First insurer to establish its own weather research center.
1966 Held first transcontinental conference call.
1968 Set up the first employee-staffed claim "hot lines."
1971 Established the first insurance office of consumer information to answer customers' questions about their policies.
1980 Developed the first interactive company/agency computer system.
1996 Developed the first automated fraud detection system as a potent new weapon in the battle against insurance fraud.
1997 Launched the first insurance policy to protect individuals using personal computers for online banking.
1997 After Hurricane Andrew, the company developed the industry’s first catastrophe response vehicles, self-contained claim offices on wheels.
1998
2002
Over the last several years, Travelers leveraged technological advancements to improve Ease of doing business for agents. Industry leading innovations include:
  • Real-time quoting capability enabling single-entry, multiple-carrier interface
  • ATLAS3, a browser-based system allowing agents to quote and issue policies over the Internet
  • TRAVGlass, the industry’s first Internet-based auto glass claim solution
2003 Launched MyTravelers.com, allowing customers to pay their bill, check claim status, and view policy information online.
2004 The Saint Paul and Travelers Property Casualty merge to form St. Paul Travelers, creating a new company with 285 years combined experience in managing risk with integrity, innovation and discipline.
2007 Company consolidates under Travelers name and re-acquires famous red umbrella icon as its logo. Click here to view the print ads.

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