Not all your insurance risks hang on the wall
Your priceless collections and exhibits are what pull visitors through your doors. But keeping those visitors safe – as well as your employees, volunteers, building and reputation – is what keeps those doors open.
One company for property exposures
You can cover your buildings, personal property, and lost income with our Travelers Deluxe® product. In addition to general risks, Travelers Deluxe can address special exposures museum directors face that can affect operations; such as:
Fine Art Expertise
Travelers offers Museums and Cultural Institutions customized product and service offerings. Our Inland Marine division is a Fine Art market leader that provides flexible solutions for your unique needs.
Museums and cultural institutions are responsible for ensuring that their buildings and grounds are safe and hazard free. They can be held responsible for injuries to patrons that occur on their premises.
Travelers can help customers manage their liability exposure with general liability protection that can include important additional coverages.
Museums and cultural institutions have a wide variety of professional and non-professional positions from curators to security to event coordinators. Each position has its own unique exposures.
Management Liability & Crime
Whether you are a nonprofit museum or cultural institution or a privately owned organization, Travelers can protect your organization and its directors and officers through our customized management liability coverages. Our Bond & Financial Products division offers Directors & Officers Liability coverage protecting an organization against the cost of defense, settlements and judgments associated with litigation pursuing the organization and acts of its board of directors and officers. Protection extends to the personal assets of directors and officers as well.
Travelers risk control representatives will take the time to meet with you and conduct risk control assessments to find risks others might miss and then help you create risk management solutions to help you be prepared for unanticipated events. They will also give you access to our online collection of risk management resources about slip, trip and fall risks to help you reduce exposures and potential loss.
Specialized claim handling from Travelers’ claim professionals includes aggressively defending claims that lack merit to ensure we pay only what our insured is legally responsible for – resulting in 62 percent of claims closed without pay – and 98.5 percent of these claims are closed in 6 months and never reopened.*
* Travelers 2012 Core general liability closed
This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced can depend on underwriting qualifications and state regulations.