Its all ball bearings
Commercial Surety recently rolled out their Small Commercial Contract program, a credit based underwriting model for contract jobs under what $ amount?
What is $500K?
A famous American actress that is always ready for cereal (or soup)
Reese Witherspoon
There is a bad guy in a dark room over a computer wearing a hoodie....an insurance product that would protect against this guy.
What is Cyberrisk?
Construction Services Mission Statement
What is "Teamed with our partner agents we are in the business of helping contractors succeed?"
What PL business unit can write an E&O specifically for one contract?
MPL
These 2 BUs are focused on expanding the use of multi-year terms and pricing flexibility in 2023 to WIN good business.
What are FI (Financial Institutions) and PNP?
This online system can underwrite, approve and process thousands of obligations up to $1M without involving a Travelers Underwriter. It also turned 10 in 2022.
What is Travelers Click?
a question you can ask agents for cross selling for Construction Services?
What is "Does your agency call on non-residential contractors?"
Classes of business that should carry cyberrisk insurance.
What is "all of them."
Which BU established Centers of Excellence (COE), which include Field, Home Office, Claim and Legal experts which support this BU’s growth strategies?
What is Commercial surety?
In what decade did Travelers’s start writing Accounts Professional Liability?
1970s
What BU has the ability to write mono-line manufacturer’s E&O?
No BU can write this.
This Travelers owned consulting firm based in Raleigh, NC, where they work to “Build better contractors”
What is the Family Business Institute?
Cyberrisk can be purchased in a number of different BU's across TRV, but each require this important control to be in place to qualify for coverage.
What is Multifactor Authentication?
This BU has 6 distinct verticals and can provide professional, management liability & property & casualty coverages.
Who is Financial Institutions?
These customized presentations, delivered by Construction Services claim attorneys and local underwriters, help contractors manage contract risks
What are Risk Mitigation seminars
This business unit has over 85% of its GWP in the Southeast Region concentrated with 3 brokers.
Public Company Liability
This BU can provide Property, General Liability, Work Comp and Auto coverages.
Who is Financial Institutions - Property Casualty?
Public Company Liability strictly adheres to this maximum employee count threshold when writing EPL business.
10,000 employees
This business unit regulatory saw rate increases over 50% during 2019 – 2021, but their market has turned and they are now regularly seeing rate decreases of 20% or worse.
Public Company Liability
With a database of over 5,000 construction clients, this construction services tool provides clients with an in-depth look at how their company compares to a group of carefully selected peers
What is a Peer Group Analysis report?
Who is the Accountants Professional and Lawyers Professional underwriter?
Kristin Montalvo
What PL Business Unit does not write business in Vermont and Hawaii?
Design Professional
This Preferred Service Provider industry endorsement offered by our Financial Institutions P&C division qualifies our Insureds for a safety group dividend payout for favorable loss experience.
What is the ICBA Preferred Service Provider endorsement?
Any business seeking to import goods into the U.S. must obtain a U.S. Customs bond. Which BU would consider this obligation?
What is Commercial Surety?