SAINT PAUL, Minn.--(BUSINESS WIRE)--Aug. 6, 2008--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.
CONTACT: Travelers Companies, Inc.
Jennifer Wislocki, 860-277-7458
or
Jeffrey Weir, 860-277-8692
SOURCE: Travelers Companies, Inc.