TRAVELERS COMPANIES, INC.

The Travelers Companies, Inc. is a holding company that provides a wide range of commercial and personal property and casualty insurance products and services. The company serves businesses, government units, associations, and individuals through its subsidiaries. Established in 1853, Travelers is incorporated under Minnesota law and is one of the oldest insurance organizations in the United States. Its principal executive offices are located at 485 Lexington Avenue, New York, New York 10017, with additional executive offices in Hartford, Connecticut, and St. Paul, Minnesota. The property and casualty insurance industry is highly competitive, focusing on price, service, product offerings, and distribution methods. Travelers distributes its products through local and national independent agents and brokers, agency aggregators, carrier-based agencies, and direct-to-consumer, affinity, and other partner platforms. The company competes with both foreign and domestic insurers. In 2024, approximately 1,100 property and casualty groups, comprising about 2,600 companies, operated in the United States. The top 150 of these groups accounted for approximately 94% of the consolidated industry's total net written premiums. Travelers, like some other commercial lines insurers, also offers alternative risk protection products, such as large deductible programs and various forms of self-insurance, including those utilizing captive insurance companies and risk retention groups.