Travelers Commercial Accounts Launches New IndustryEdge(SM) Product for Printers, with Printers E&O - Statutory Filing {filing}

HARTFORD, Conn.--(BUSINESS WIRE)--

To meet the specific insurance coverage needs of the printers market, Travelers Commercial Accounts today announced the availability of a suite of coverages designed expressly for printers. The latest addition to IndustryEdge(SM), Travelers industry-focused suite of products sold within Commercial Accounts, this new product for printers is tailored for the mid-sized commercial printers who typically generate more than $15 million in sales.

"These new offerings simplify the product approach for printing businesses and show Travelers commitment to meeting the ever-changing needs of this evolving industry," said Bill Cunningham, President and CEO, Travelers Commercial Accounts. "Printers are an important market for us, and this new, tailored offering makes Travelers the ideal one-stop-shop for agents seeking to fulfill the insurance needs of today's printer."

This new product suite addresses the coverage implications of the many technological changes that have become critical to the printing industry. Until recently, the primary exposure associated with a printer was an error or omission in the materials being printed for a customer, and any ensuing financial harm. While that exposure remains today, the printer's current product is often intangible electronic data that - likewise - can cause financial harm if not handled properly. In this new digital environment, printers will often be in possession of electronic files, valuable photos and designs belonging to their customers, for the purposes of using them in the printing process. Such intangible property can have substantial value and require considerable effort to recreate. So intangible property - such as electronic data, of others in the care, custody or control of the printer for the purposes of printing services - as well as tangible property, now present significant perils for today's printers.

Travelers new Printers E&O form addresses this new risk while also providing a number of important coverages for printers, including the following:

    --  Separate limit set for Correction of Work & Product Recall -
        including cost to repair, replace or recreate electronic data
        as part of insured's printing services or products.

    --  Broadened definition of printing services or products, to
        include electronic data that is intended to be printed.

    --  Coverage for subcontractors working on the insured's behalf
        for damages from wrongful acts.

    --  Prior Acts coverage to address accounts transitioning from
        claims-made policies.

    --  Definition of damages includes the cost or expense to repair,
        replace or recreate electronic data of others

    --  Worldwide coverage territory, if suit is brought in the U.S.,
        Puerto Rico or Canada.

"At Travelers, we understand that the key to success with mid-sized customers is to understand their businesses and industries," said Cunningham. "IndustryEdge, our industry-specific suite of products, perfectly reflects our commitment to our customers, their lines of business and their current business practices. IndustryEdge means superior knowledge of a variety of targeted industries--something we take pride in--as well as underwriting and loss control expertise specifically focused on these particular industries."

This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.

About Travelers

Travelers understands that life and business are inherently dynamic and that the best way to serve agents and policyholders is to deliver insurance that evolves to stay in-synch with life and business as they change. For more information on being in-synch, visit www.travelers.com.

The Travelers Companies, Inc. (NYSE:TRV) is a leading property casualty insurer selling primarily through independent 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, bond and financial products, global technology and public sector services. Travelers is a Fortune 100 company, with 2006 revenues of $25.09 billion and total assets of $113.76 billion. The company has approximately 33,000 employees.

Source: The Travelers Companies, Inc.

Contact: The Travelers Companies, Inc. Media: Laura Bradshaw, 860-277-7461

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