Travelers Named Preferred Provider by the Arkansas Community Bankers Association
17 Januar 2007 - 5:00PM
Business Wire
Travelers today announced that the Arkansas Community Bankers
Association has chosen the company as its preferred provider for
bank insurance products. The Arkansas Community Bankers Association
represents 161 community banks and thrifts throughout Arkansas.
Travelers SelectOneSM for community banks product will provide the
Arkansas Community Bankers Association with property-casualty
coverages and directors and officers liability, fiduciary liability
and bankers professional liability coverages. Travelers is now the
insurance coverage partner for 11 affiliate members of the
Independent Community Bankers of America (ICBA). �This partnership
provides members of the Arkansas Community Bankers Association with
access to the portfolio of products in our SelectOneSM program,�
said Mark Horton, second vice president and national director of
community banks, Travelers. �Additionally, the Arkansas Community
Bankers Association will be eligible to participate in the
ICBA/Travelers Insurance Program, which offers a policyholder
safety group dividend plan.� �We are pleased that we have found a
product that will provide the most comprehensive coverage options
for our members,� said Richard Trammel, executive director of the
Arkansas Community Bankers Association. �Everyone who is a part of
our association is confident that Travelers will continue to
provide our members with the necessary coverage as our risks change
through the years.� Since 1890, Travelers has provided coverage to
financial institutions and is the endorsed carrier of the ICBA. The
ICBA/Travelers Insurance Program has been offered to ICBA members
for the past 24 years. The Arkansas Community Bankers Association
was founded in 1980 and is committed to the preservation of
community banks, their franchise values and the integrity of their
local economies. About Travelers Travelers understands that life
and business are inherently dynamic and that the best way to serve
agents and policyholders is to deliver insurance that evolves to
stay in-synch with life and business as they change. For more
information on being in-synch, visit www.travelers.com. Travelers
is a business of The St. Paul Travelers Companies, Inc. (NYSE:STA),
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, financial and professional services, global technology and
public sector services. St. Paul Travelers is ranked 85 in the
Fortune 500, with 2005 revenues of $24.4 billion and total assets
of $113.2 billion. The company has approximately 32,000 employees.
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