Become a Travelers Broker
Setting up an agency with Travelers is straightforward and our team are on hand to offer help and assistance throughout the application process.
Why Partner with Travelers?
Travelers Insurance Company Limited is part of The Travelers Companies, Inc. – an international property casualty insurance group that traces its origins to 1853 in Saint Paul, Minnesota. As of 31 December 2013 the group has total assets of approximately $104 billion, shareholders’ equity of $25 billion and total revenue of $26 billion. The group achieves consistently high independent credit ratings for its financial strength and ability to pay claims.
Specialist Bespoke Products
Our broker partners have exclusive access to our broad range of specialist bespoke products.
You can rely on our technical expertise. All of our teams, from underwriters to risk managers and claims handlers, have in-depth knowledge of their area as well as specific industry sectors.
We are noted for the quality of our service, from initial enquiry and issue of documentation, right through to our in-house processing of claims. Our service and systems are ISO 9000-accredited.
We trade very selectively with less than 10 per cent of the insurance broking world, enabling us to devote time and attention to looking after our approved brokers and fostering long-term, mutually beneficial, relationships.
Our brokers have the convenience of a local representative to deal with queries related to regionally traded products. We have a network of six regional offices in Birmingham, Glasgow, Leeds, London, Manchester and Redhill.
Tools to Drive Your Business
We have a selection of unique tools to help our brokers win and retain business, including a unique loyalty agreement that offers a three-year guaranteed rating with a low-claims premium rebate.
Our brokers have access to a secure website which functions as a one-stop shop for all essential information including our policy wordings, proposal forms, policy summaries and key fact documents. They also receive a copy of our quarterly risk management magazine, Code Red. We update brokers every quarter on the present position of all claims on a case-by-case basis, and both brokers and policyholders can access real-time management information on claims data via the secure site.
How to Become a Travelers Approved Broker
If you don’t have an agency with Travelers and would like to consider one, in the first instance please contact our Agency Department on email@example.com.
Once a member of our team has contacted you, the next step will be for you to provide us with the following information:
- A full (not abbreviated) set of signed and dated accounts for each of the last 3 trading years - (These must be audited if applicable).
- A copy of your current Professional Indemnity certificate.
- A full list of agencies currently held.
- A copy of your Consumer Credit Licence.
- A copy of your business plan if available – (This is mandatory for new start-ups/businesses).
- A structure chart (if applicable).
We look forward to working with you.