The Travelers Companies Inc.

08/06/2008 | Press release | Archived content

Travelers Joins the U.S. Green Building Council - Statutory Filing {filing}

SAINT PAUL, Minn.--(BUSINESS WIRE)--

Expanding its commitment to support actions for the company and our customers that support environmentally responsible practices, Travelers (NYSE: TRV) has joined the U.S. Green Building Council (USGBC), a nonprofit membership organization whose vision is a sustainable built environment within a generation.

"In joining the USGBC, Travelers looks forward to utilizing the resources and intellectual capacity of the organization and its member companies to continue to support our innovative, company-wide initiatives that support environmentally responsible business and personal life style practices," said Marlyss Gage, senior vice president of enterprise underwriting at Travelers. "Through our membership in the USGBC, Travelers will have access to workshops, materials and tools to assist in the development of insurance products and services related to the rapidly growing 'building green' trend."

Over the course of the last few years, Travelers has enhanced existing and developed new products and services to encourage environmentally friendly behavior, including:

    --  Green Building Coverage Enhancement for mid-sized businesses,
        which responds to the unique coverage issues of green
        buildings and provides for the additional costs to upgrade to
        green building materials and systems following a loss.

    --  Discounts on insurance for drivers of hybrid vehicles and
        electric boats, providing incentives for individuals to
        minimize their impact on the environment.

    --  New Generation Boiler & Machinery product, which provides for
        the replacement of damaged equipment with equipment that
        improves the environment, increases efficiency or enhances
        safety.

    --  WindPak, which provides customized coverage for the specific
        needs of wind farms, including wind turbine generating units
        and related transformers.

The USGBC is composed of more than 15,000 organizations from across the building industry that are working to advance structures that are environmentally responsible, profitable, and healthy places to live and work. Members includes building owners and end-users, real estate developers, facility managers, architects, designers, engineers, general contractors, subcontractors, product and building system manufacturers, government agencies, and nonprofits.

About Travelers

The Travelers Companies, Inc. (NYSE: TRV) 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 Companies, Inc.

Contact: Travelers Companies, Inc. Jennifer Wislocki, 860-277-7458 or Jeffrey Weir, 860-277-8692