Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of their customers and anticipating their needs for the future. There is no stronger testament to their dedication to protecting customers from loss than their continued innovation and ability to transform their industry. In fact, from the first-ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, their history of advancements has propelled their company—and their industry—towards ever higher standards for customers. Travelers is a company that works hard at the science of what they do: they analyze information, process perspectives and measure results to create the best combination of products and services. They work equally hard at customer service and how they interact with the people whom they do business. Over the years, they've strived to earn their customer's loyalty by continually improving their abilities to listen and respond to their needs.
Vice President Travelers Foundation and Second Vice President, Community Relations
20 past transactions
Corvus Insurance
Acquisition in 2023
Corvus Insurance Agency, LLC, founded in 2017 and headquartered in Boston, Massachusetts, specializes in providing innovative insurance solutions informed by data-driven underwriting. The company offers its proprietary platform, CrowBar, which enables brokers and policyholders to access policy information, report claims, and receive insights on loss prevention and business intelligence. Corvus emphasizes dynamic loss prevention by delivering tailored recommendations aimed at reducing the total cost of risk for clients. The company has expanded its presence with additional offices in New York, Chicago, Los Angeles, Dallas, and Atlanta, positioning itself as a partner that equips brokers and insurance buyers with the knowledge and tools necessary to navigate complex risks effectively.
College Possible
Grant in 2022
College Possible provides coaching, admission, and support to students from low-income backgrounds.
LiveEasy
Series A in 2022
LiveEasy is a concierge platform that specializes in providing full-service, white-labeled, no-code solutions for moving and home services. The company has developed a relocation platform aimed at simplifying the moving process for users. Its platform allows for the planning, organization, and completion of various moving-related tasks through an intuitive dashboard. This approach enables service providers to offer customers a personalized and seamless moving experience.
Trōv
Acquisition in 2022
Trov is a leading insurance technology platform that focuses on providing innovative digital insurance products and data-driven solutions. Established in 2012 by entrepreneur Scott Walchek, Trov's platform facilitates the delivery of modern insurance solutions for homeowners, renters, drivers, and small businesses. By combining advanced software with tailored insurance offerings, Trov addresses the complex risk management challenges faced by companies in the mobility and gig economy sectors. The platform supports various insurance functions, including quoting, policy management, billing, and claims management, enabling insurance carriers and financial institutions to offer fully digital insurance experiences to their clients. Trov has attracted significant investment, raising over $114 million from prominent venture capital firms and strategic partners, and operates from its headquarters in the San Francisco Bay Area, with additional offices in New York and London.
Fidelis Insurance Holdings
Corporate Round in 2021
Fidelis Insurance Holdings, established in 2014 and headquartered in Bermuda with a significant presence in London, specializes in insurance underwriting and reinsurance. The company offers tailored solutions across various sectors, including catastrophe, property, specialty reinsurance, and aviation, energy, marine, and property lines. Its services cater to the unique needs of clients, providing significant capacity and a strong balance sheet.
InsuraMatch
Acquisition in 2020
InsuraMatch is an insurance agency that operates an online platform aimed at simplifying the insurance purchasing process. The platform features a digital quoting tool that allows consumers to compare various insurance options, including auto, flood, boat, home, and motorcycle insurance. By mimicking the personalized advice of a traditional insurance agent, InsuraMatch helps users make informed decisions by providing access to multiple insurance carriers across the United States. The company focuses on enhancing the consumer experience in obtaining insurance coverage and quotes efficiently.
HOVER
Series D in 2020
HOVER Inc. is a technology company based in San Francisco, California, that specializes in home measurement applications that create interactive 3D models of properties. Founded in 2011, the company leverages computer vision and 3D mapping technology to assist homeowners, contractors, and insurance professionals. Its platform enables users to generate accurate property models quickly using just a few photos taken with a smartphone, facilitating project estimation and visualization. This technology aids exterior contractors in obtaining precise measurements, assists insurance markets in creating estimates and processing claims, and helps homeowners visualize final project outcomes. HOVER's innovative approach has made the home improvement process more transparent and engaging. The company has formed a strategic partnership with SRS Distribution Inc. to enhance its service offerings.
Zensurance
Series B in 2020
Zensurance Inc. is an online commercial insurance brokerage based in Toronto, Canada, that specializes in providing insurance solutions for startups and small businesses. Founded in 2016, the company offers a variety of insurance products, including business, contractors, technology, and tenants insurance. By utilizing data and analytics, Zensurance identifies common risks within various industries to create tailored insurance packages that meet the specific needs of its clients. This approach allows small business owners to navigate the insurance process more efficiently, enabling them to learn about their requirements and purchase insurance online within minutes, without the hassle of lengthy forms or phone calls. Zensurance collaborates with leading insurance companies and industry experts to deliver advanced insurance solutions, enhancing the user experience and making insurance more accessible to its clients.
Pineapple
Grant in 2019
Pineapple Tech Pty Ltd is a South African company that operates a peer-to-peer insurance platform, providing short-term insurance coverage to its members. Founded in 2017 and based in Johannesburg, the company allows users to pay and track their premiums online while selecting their preferred network for pooling. Pineapple aims to innovate the insurance experience by aligning incentives with users, offering transparency about premium usage, and returning any unused premiums to members. The platform simplifies the insurance process, enabling users to obtain coverage quickly, often in under 60 seconds, by utilizing AI technology. Pineapple launched its "My Stuff" per-item insurance in 2018 and expanded its offerings to include "My Ride" for auto insurance. The company has also formed a partnership with Travelers in the United States and provides a white-labeled version of its platform for that market.
Aloft
Corporate Round in 2018
Aloft operates a cloud-based platform specifically designed for commercial drone operators, facilitating safe and efficient drone operations. Founded in 2015 and headquartered in San Francisco, California, Aloft provides tools for pre-flight planning, real-time weather updates, live traffic monitoring, airspace status checks, and post-flight logging. The platform, which includes a mobile app and web application, ensures that all stakeholders have access to critical information regarding drone operations. Aloft's services are utilized by various enterprises, including media companies and insurance firms, as well as law enforcement agencies, allowing them to manage their drone fleets effectively and comply with regulatory requirements.
Zensurance
Acquisition in 2018
Zensurance Inc. is an online commercial insurance brokerage based in Toronto, Canada, that specializes in providing insurance solutions for startups and small businesses. Founded in 2016, the company offers a variety of insurance products, including business, contractors, technology, and tenants insurance. By utilizing data and analytics, Zensurance identifies common risks within various industries to create tailored insurance packages that meet the specific needs of its clients. This approach allows small business owners to navigate the insurance process more efficiently, enabling them to learn about their requirements and purchase insurance online within minutes, without the hassle of lengthy forms or phone calls. Zensurance collaborates with leading insurance companies and industry experts to deliver advanced insurance solutions, enhancing the user experience and making insurance more accessible to its clients.
Simply Business
Acquisition in 2017
Simply Business is a leading commercial insurance broker based in London, specializing in providing tailored insurance solutions for small businesses, landlords, and shops. As the largest business insurance broker in the UK, it offers a variety of flexible coverage options, including public liability insurance, allowing clients to compare quotes from top insurers. The company facilitates an efficient online purchasing process, enabling instant coverage and easy access to policy documents. Recognized for its commitment to customer service, Simply Business has received accolades such as The Sunday Times Best Companies award in 2015. With a focus on helping businesses hedge against future risks, it combines traditional brokerage services with modern online capabilities.
Team Rubicon
Grant in 2016
Team Rubicon is a non-government organization providing disaster relief between the moment a disaster happens and the point at which conventional aid organizations respond. It unites the skills and experiences of military veterans with first responders to rapidly deploy emergency response teams. On January, 2010, despite government and large aid organization's advice not to proceed, Team Rubicon members crossed the Artibonite River separating the Dominican Republic and Haiti, carrying crucial gear and medical supplies to the people of Port-au-Prince. Team Rubicon provides its veterans with three things they lose after leaving the military: a purpose, gained through disaster relief; community, built by serving with others; and self-worth, from recognizing the impact one individual can make. Team Rubicon was founded in 2010 by [William McNulty](https://www.crunchbase.com/person/william-mcnulty) and [Jacob Wood](https://www.crunchbase.com/person/jacob-wood). It is based in El Segundo, C.A.
The Dominion
Acquisition in 2013
The Dominion of Canada General Insurance Company was one of Canada's largest property and casualty insurers. It operated from 1887 until 2013. Products offered included auto, home and business insurance available through licensed brokers who operated as independent business people.
Ultramar Travel Management
Acquisition in 2012
Ultramar Travel Management, Inc. specializes in providing corporate travel management services primarily for business travelers in New York. The company offers fully managed and customized travel programs tailored to meet the specific needs of its clients. By leveraging proprietary technology solutions, Ultramar enhances the travel experience while ensuring high-quality customer service. The focus on delivering exceptional service experiences distinguishes Ultramar in the competitive travel management sector.
Pricelock
Series B in 2011
Pricelock Inc. offers an online energy solutions platform that facilitates transactions between energy buyers and sellers. Its primary service is the Marketplace, an energy-auction platform that allows utilities, electricity generators, and commercial entities to buy and sell various energy products, including power, coal, natural gas, and transportation fuels. Additionally, Pricelock provides risk management services designed to help fleets and shippers manage fuel cost volatility. The company also features marketing incentive programs that utilize co-branded fuel cards to secure fixed fuel pricing for customers, along with unique employee incentive programs aimed at helping employers enhance their benefits offerings. Founded in 2006 and based in Redwood City, California, Pricelock serves a diverse clientele, including power generators, utilities, and transportation companies across North America.
The St. Paul Companies
Acquisition in 2004
The St. Paul Companies, Inc. specializes in offering commercial property, casualty, and liability insurance products and services. The company focuses on providing comprehensive coverage options tailored to meet the needs of businesses, ensuring protection against various risks and liabilities. Through its offerings, The St. Paul Companies aims to deliver reliable insurance solutions that support the operational stability and growth of its clients.
Solbright
Venture Round in 1999
Solbright is a revenue operations and workflow platform designed for digital media companies to enhance revenue and improve return on investment. The platform offers a comprehensive solution that includes various product modules such as adSales, adTraffic, adBilling, adInventory, and adReport. These modules enable services such as inventory forecasting and management, order management, and automation of trafficking and billing processes, helping clients streamline their operations and optimize revenue generation.
Andromedia
Venture Round in 1998
Andromedia is an Audio company.
Aetna Life and Casualty
Acquisition in 1995
Aetna, a huge multiline insurance company, to concentrate on health care and financial services, while Travelers will strengthen its hold on the property-casualty end of the business.
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