Travelers - Enterprise Tech Ecosystem Series

Travelers - Enterprise Tech Ecosystem Series

Summary

This report provides insight into Travelers' insurtech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget.

Travelers is an insurance company that offers a range of commercial and personal property and casualty insurance products and services. It provides insurance products for auto, real estate, marine, valuable items, wedding, and identity fraud. It also offers flood insurance, business owner cover, special risk insurance, management and professional liability insurance, and surety bonds. In addition, the company offers claims settlement and insurance advisory services. The company provides its products and services to individuals, government units, associations, and businesses. Travelers markets and sells its products through independent agents, brokers, branch offices, and direct marketing. The company operates in the US, Canada, Brazil, Colombia, the UK, and Ireland.

Scope

• Travelers is harnessing machine learning, advanced AI, and geospatial technology to extract actionable insights from raw and unstructured data including drone videos, aerial imagery, medical bills, and claim notes.
• Travelers developed a virtual reality program for its contractor clients to provide safety training for employees on how to operate a crane.
• The MyTravelers online portal offers businesses a single platform for managing their insurance policies and billing accounts.

• Gain insight into Travelers' insurtech operations.
• Discover its fintech strategies and innovation initiatives.
• Learn about its product launches, partnerships, and investments.