Travelers Assists Employers Offering Auto, Home Insurance Benefit from Multiple Carriers

March 7, 2005

Travelers is making it easier for companies with more than 5,000 employees to offer a choice of providers for auto and homeowners insurance through payroll deduction.

A member of St. Paul Travelers, Travelers has dedicated a new sales team who will work directly with other carriers to coordinate employee communications and program administration, so human resource departments can boost participation and coverage options with minimal effort and no additional expense.

“The number of large corporations offering multiple providers for their auto and home insurance program continues to increase significantly and for good reason,” said Mark Mastrianni, senior vice president of Travelers Affinity Marketing. “A choice of insurance companies allows employees to compare and select the coverage that best fits their needs, provides broader market availability, and helps employees save money with special group rates. More alternatives means fewer complaints and happier employees. Our new dedicated team helps employer groups meet those goals.”

“No company has the best rate in every state, so working with more than one carrier at large companies is particularly important if their workforce lives in multiple states,” added Marga Llompart, vice president of Travelers Affinity Marketing. “Our choice solution benefits employers by achieving more consistent enrollment rates across states, which results in higher employee satisfaction.”

Travelers has been offering the workplace AutoHome Insurance Program since 1968. Travelers’ program requires no minimum participation and offers special group rates. For more information, contact Travelers Affinity Marketing at 1.800.672.8542 ext. 3651.

For more information, visit www.stpaultravelers.com.