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