Even if you don’t recognize the name, you probably know Travelers Canada's iconic red umbrella logo. Hardly surprising, considering The Travelers Companies has been around since 1853.
The Travelers name derives from the company's early days as a provider of travel insurance to railroad travellers — a far cry from the jet setters who get travel insurance today. Their journeys were risky enough to warrant the coverage, which is what brought Travelers into existence in Hartford, Conn. in 1864 (earlier operations were carried out by the St. Paul Fire and Marine Insurance Co., which merged with Travelers in the early 2000s). Before long, it had morphed into a property and casualty insurer, with travel getting pushed to the periphery of its offerings. Today, Travelers is the second largest underwriter of U.S. commercial property casualty insurance.
Travelers joined the Canadian market more recently (2009), with a merger between St. Paul Fire and Marine Insurance Company and Travelers Guarantee Company of Canada. That resulted in the creation of Travelers Canada, which now boasts approximately 1,700 employees across Vancouver, Calgary, Edmonton, Winnipeg, London, Toronto, Ottawa, Montreal, and Dartmouth.
Auto insurance figures prominently in Travelers Canada's offerings. It has a diverse array of options for drivers, including discounts for those who have completed driver education, are insuring multiple cars, remain accident-free, and wish to bundle policies.
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