Travelers Teams Up with Procore to Help Contractors Manage Total Cost of Risk
27 Juli 2020 - 3:09PM
Business Wire
The Travelers Companies, Inc. (NYSE: TRV) today announced an
exclusive agreement with Procore, a leading provider of
construction management software, to help contractors manage the
total cost of risk through improved operations and job-site
safety.
Procore’s construction platform connects entire project teams,
from the office to the field and across companies. This provides
key stakeholders – owners, general contractors, specialty
contractors, architects and engineers – with the ability to
collaborate across locations and devices.
“Procore’s platform can help contractors avoid many costly
losses and delays through effective risk management and cross-team
collaboration,” said Lisa Morgan, President of Construction, Energy
and Marine at Travelers. “This exclusive offering is one more
example of how we’re always looking for innovative ways to help our
customers manage risk.”
The Procore software is currently available at a 20% discount
for eligible Travelers construction insurance customers in Arizona,
Colorado, Connecticut, Kansas, Kentucky, Minnesota, New Jersey,
North Carolina, Tennessee and Wisconsin.
“Having immediate visibility into a project and any potential
job-site exposures provides greater accountability, awareness of
worker safety and clarity when things go wrong,” said Danny Seigle,
Vice President of Business Development and Marketplace at Procore.
“We look forward to working with Travelers, a leading and highly
respected construction insurer, to help the construction industry
improve productivity, reduce losses and protect their
companies.”
Travelers has a long history of helping construction clients
manage risk and promote a culture of safety:
- In 2019, Travelers announced that it has helped injured
construction workers reduce opioid use by almost 40% through its
Early Severity Predictor® model, which identifies injured employees
who are at a higher risk of developing chronic pain.
- In 2018, Travelers joined Gilbane and Triax Technologies to
test the safety benefits of wearable devices for the construction
industry.
- In 2017, Travelers created ZoneCheckSM, a first-of-its-kind
online tool to help contractors identify areas surrounding a job
site that are vulnerable to vibrations from heavy equipment.
For more information about construction products and services
from Travelers, please visit travelers.com. To learn how Travelers
customers can get a 20% discount, go to procore.com/travelers.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider
of property casualty insurance for auto, home and business. A
component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of
approximately $32 billion in 2019. For more information, visit
www.travelers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200727005450/en/
Media: Kate Thermansen, 860.954.1789
ktherman@travelers.com
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