Travelers Names Joan Kois Woodward Executive Vice President, Public Policy

June 16, 2008

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

The Travelers Companies, Inc., (NYSE: TRV) today announced that Joan Kois Woodward is joining the company as Executive Vice President, Public Policy, effective immediately. Woodward reports to Vice Chairman and Chief Legal Officer Alan D. Schnitzer and will serve on the company's Management Committee. She is based in Washington, D.C.

Woodward joins the company from Goldman, Sachs & Co., where she is the founding Executive Director of the company's Global Markets Institute. During her nine years at Goldman Sachs, Woodward also served as Vice President and Director of Washington Research for Goldman Sachs' Global Investment Research. Prior to joining Goldman Sachs, Woodward served as Deputy Chief of Staff for the U.S. Senate Committee on Finance. She also served as Senior Economist for the U.S. Senate Committee on Governmental Affairs and the U.S. House of Representatives Committee on the Budget.

"Joan has successfully built a world class public policy program at Goldman Sachs, and we are delighted that she will now be applying her experience and talent in support of Travelers' public policy initiative," said Schnitzer. "In this newly created position, Joan will lead the development of our public policy platform as we seek to contribute to the dialogue on matters of interest to the property casualty industry and our various constituents."

"I am very excited to have this opportunity to build on Travelers' thought leadership within the property casualty sector," said Woodward. "I look forward to working closely with the rest of the Travelers management team to further discussion on current and emerging issues."

Woodward attended the American University, where she earned a Bachelors in Economics, a Bachelors in Political Science and a Masters in Public Administration. She also studied at the University of London.

Travelers is a leading provider of property casualty insurance for auto, home and business. For more information, visit www.travelers.com.

Source: The Travelers Companies, Inc.

Contact: The Travelers Companies, Inc. Media: Shane Boyd, 651-310-3846 or Jennifer Wislocki, 860-277-7458 or Institutional Investors: Michael Connelly, 860-277-1507 or Andrew Hersom, 860-277-0902 or Individual Investors: Marc Parr, 860-277-0779