Travelers Announces New Product for Hotel Industry

Travelers today announced the availability of a new product exclusively for the Hotel Industry. The insurer
recognizes that the hotel industry has unique insurance needs, especially as many hotels and resorts continue to expand their service offerings beyond general lodging and, as such, introduced a new product designed to provide Property, General Liability, Auto, Workers Compensation, and Excess Liability coverages for business class, resort, family and leisure hotels.

Also available are key coverages specific to the hotel industry, including:

* Hospitality Errors & Omissions coverage that offers tailored protection for unique hotel exposures such as failure to provide a service
* Personal Grooming Services Liability for hotel salons, spas, and other personal services
* Guest's Property (or Innkeepers Liability) for the property of guests in the care, custody and control of the insured
* Bond and Financial Product options such as Crime coverage, Employment Practices Liability, Directors and Officers Liability, General Partnership Liability and Fiduciary Liability

Coverage is available for small and mid-sized businesses through Travelers Commercial Accounts IndustryEdge suite of coverages for mid-sized businesses and through Select Account for smaller hotels.

About Travelers

The Travelers Companies, Inc. (NYSE:TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in both the personal and commercial settings, including automobile, homeowners, construction, small business, oil and gas, ocean marine, surety and management liability, global technology and public sector services. Travelers is a Fortune 100 company, with 2006 revenues of $25.09 billion and total assets of $113.76 billion. The company has approximately 33,000 employees.

Source: Source: Travelers | Published on December 4, 2007

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