Travelers Construction Rolls Out Highway, Street and Road Contractors Insurance Program

The growing emphasis to improve the nation’s transportation infrastructure is providing new opportunities for highway, street and road contractors to take on additional projects.1 To help manage the need for additional insurance coverage, Travelers (NYSE: TRV) Construction Insurance developed the IndustryEdge® program to meet highway, street and road contractors’ specific insurance and risk management needs.

“The public demand for maintaining and adding to our country’s 4 million miles of roads remains strong,” said Scott Higgins, President, Travelers Construction. “That demand, combined with the possibility that funds from the American Recovery and Reinvestment Act may make their way to state and local governments, contractors across the country could see an increase in opportunities. Highway, street and road contractors need to check with their independent insurance agent to ensure that they are working with an insurance carrier that is financially sound and that has proven experience and broad knowledge of the transportation construction industry.”

Designed for highway, street and road contractors with 20 or more employees, the new IndustryEdge program offers a wide array of insurance coverages and services. Through feedback received from its independent agents, Travelers Construction built the program to provide highway, street and road contractors insurance coverage that addresses General Liability, Workers Compensation, Umbrella, Contractors Pollution Liability, and Professional Liability, among others.

Other features of the new IndustryEdge program for highway, street and road contractors include coverages from Travelers Inland Marine and Travelers Bond & Financial Products, Construction Services. Travelers Inland Marine offers Contractors Equipment coverage for all types of owned or leased equipment. Builders’ Risk and Installation coverage is also available for project materials used while at the job-site, in storage, or in transit. Travelers Bond & Financial Products, Construction Services provides surety products for highway, street and road contractors including bid, performance and payment, release of lien, license and permit, and supply bonds.

The services included in Travelers Construction’s IndustryEdge program provide a total account solution for highway, street and road contractors. Travelers Risk Control provides Construction TravSourcesSM, a collection of safety and risk management resources dedicated to help contractors meet today's risk management and safety challenges. Additionally, Travelers experienced Construction Claim staff works exclusively on handling claims fairly and efficiently.

“Highway, street and road contractors face situations that are unique to their industry and as things change, they need to make sure their insurance coverage and service keeps pace,” said Jim Carr, Middle Market Segment Leader for Travelers Construction. “We created this IndustryEdge program to help our independent agents better sell our comprehensive package of coverages and services for highway, street and road contractors and to be seen as knowledgeable, trusted advisors to their customers in the construction industry.”

Travelers Construction is on the leading edge of industry changes, anticipating emerging risks and customer needs. With the IndustryEdge brand, Travelers Construction is in-synch with agents and customers by providing broad based insurance solutions with industry specific expertise. For more information on the IndustryEdge for Highway, Street and Road Contractors product, contact Jim Carr, (860) 277-5752 or jccarr@travelers.com.

1 Deshpande, Manasi and Elmendorf, Douglas W. “An Economic Strategy for Investing in America’s Infrastructure.” The Hamilton Project. July 2008. p. 5.

About Travelers

The Travelers Companies, Inc. 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. A Fortune 100 company, Travelers has 33,000 employees and 2008 revenues of approximately $24 billion. Travelers stock is traded on the New York Stock Exchange (NYSE: TRV) and is a component of the Dow Jones Industrial Average. For more information on being in-synch, visit www.travelers.com.

Coverage for all claims or losses depends on actual policy provisions. Availability of coverage can depend on underwriting qualifications and state regulations.