HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced it will provide wildfire mitigation services at no additional cost to its small business customers with building coverage in California through its Wildfire Defense Services endorsement. Travelers added a similar endorsement in 2019 to its California personal insurance home and landlord policies.
Loss prevention services, such as reducing potential fuel sources, deploying sprinkler systems, closing structure openings and, in certain situations, applying a fire-retardant gel, will be made available through Wildfire Defense Systems (WDS), a private firm that specializes in wildfire mitigation. In the event of an approaching wildfire, WDS uses proprietary predictive analysis systems to help identify Travelers’ small business customers who could be affected, and then sends trained teams to protect as many buildings as possible. Such efforts supplement those of local emergency personnel.
“Wildfires continue to take a toll on California home and business owners, and CAL FIRE reports that more than 35,000 structures have been damaged or destroyed in the state since 2017,” said Greg Toczydlowski, Executive Vice President and President, Business Insurance, at Travelers. “We are always looking for new ways to help our customers reduce risk, and we’re pleased to offer this much-needed protection to small business owners in California, providing the same peace of mind that we already give to our personal insurance policyholders in the state.”
The Wildfire Defense Services endorsement is subject to policy terms. For more information, visit travelers.com/WildfireDefense.
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.