Travelers Provides Wildfire Mitigation Services to Small Businesses in California
June 17 2020 - 9:03AM
Business Wire
The Travelers Companies, Inc. (NYSE: TRV) today announced it
will provide wildfire mitigation services at no additional cost to
its small business customers with building coverage in California
through its Wildfire Defense Services endorsement. Travelers added
a similar endorsement in 2019 to its California personal insurance
home and landlord policies.
Loss prevention services, such as reducing potential fuel
sources, deploying sprinkler systems, closing structure openings
and, in certain situations, applying a fire-retardant gel, will be
made available through Wildfire Defense Systems (WDS), a private
firm that specializes in wildfire mitigation. In the event of an
approaching wildfire, WDS uses proprietary predictive analysis
systems to help identify Travelers’ small business customers who
could be affected, and then sends trained teams to protect as many
buildings as possible. Such efforts supplement those of local
emergency personnel.
“Wildfires continue to take a toll on California home and
business owners, and CAL FIRE reports that more than 35,000
structures have been damaged or destroyed in the state since 2017,”
said Greg Toczydlowski, Executive Vice President and President,
Business Insurance, at Travelers. “We are always looking for new
ways to help our customers reduce risk, and we’re pleased to offer
this much-needed protection to small business owners in California,
providing the same peace of mind that we already give to our
personal insurance policyholders in the state.”
The Wildfire Defense Services endorsement is subject to policy
terms. For more information, visit
travelers.com/WildfireDefense.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider
of property casualty insurance for auto, home and business. A
component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of
approximately $32 billion in 2019. For more information, visit
www.travelers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200617005417/en/
Media: Kate Thermansen, 860.954.1789
ktherman@travelers.com
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