The Right Business Insurance Coverage to Protect Your Company

While many businesses are familiar with core insurance policies, including commercial property and general liability, there may be additional coverages that can help your business address the risks it faces, such as insurance for cyber events and equipment breakdowns. Travelers offers insurance solutions designed to manage exposures across a spectrum of operations.

Our industry expertise allows us to tailor coverage to your organization’s unique risk landscape. And, policies can be easily updated as your business evolves. Consider these specialized insurance solutions to help protect your company.

Cyber coverage

With the looming threat of malicious attacks, the need to secure networks and protect sensitive data takes on even greater importance for your business. Travelers Cyber coverage** can be a crucial safeguard against the devastating financial consequences of a cyber event, with customized insurance solutions depending on your business’s level of risk.

Employment practices liability

In these litigious times, it's difficult to predict the substance or frequency of employment-related claims that may impact a business financially or operationally. Travelers Employment Practices Liability coverage** can provide financial protection for defense and covered settlements, and a dedicated Claim professional to help navigate an often complex claim.

Environmental liability

Environmental events can be complicated and expensive. Securing Environmental Liability coverage through Travelers can help to mitigate the expense of pollution cleanup costs, defense costs and damages related to these types of claims. In addition, access to industry-experienced Risk Control professionals can also help you keep up with environmental regulations and can help you create more effective storage and containment methods.

Equipment breakdown

The mechanical systems you rely on to control the climate in your facilities or power your production processes are central to operating efficiently. Unfortunately, these systems can also be expensive to repair or replace. When covered risks prevent heating, cooling or other covered equipment from functioning properly, Travelers Equipment Breakdown policies can help cover the cost to get these systems up and running again.

Fidelity & crime

Social engineering fraud is just one type of fraud that can be costly to a business. And it can easily happen as unsuspecting employees receive what appears to be a legitimate message from a vendor, client or internal employee. Fidelity & Crime coverage* can help protect against the devastating financial loss caused by social engineering fraud.

Fiduciary liability

Offering an employee benefit plan is a way to attract and retain workers but managing those plans is a huge responsibility. Individuals with fiduciary responsibilities must act in employees’ best interests when managing health or retirement benefit plans, or they could be held personally liable. Travelers Fiduciary Liability coverage* responds to claims made against employers, employee benefit plans, board members and employees for breach of fiduciary duty.

Global coverage

Workers stationed internationally may not have the same degree of insurance protection in foreign countries as they would in the United States. The Global Companion solution from Travelers can be customized to include workers compensation or commercial auto insurance, among other coverages, in order to provide insurance protection for an overseas accident or injury suffered abroad as if it occurred on domestic soil.

Inland marine

Valuable products, equipment or property designated to be transported or stored off-site can incur damage from an accident on the job or in transit. Inland Marine insurance can increase your property coverage by better targeting your transport risks.

Manufacturers error and omissions

Design flaws in manufactured goods can lead to lost profits for customers. Income loss by those customers isn't typically covered by a general liability policy, and this exposure could have significant economic consequences for a business. Manufacturers Errors and Omissions purchased as a part of your Travelers General Liability policy can help fill this coverage gap.

Ocean marine

Businesses involved in marine industries, including international shipping, face unique challenges and risks. Commercial vessel owners, marine services providers, marine contractors, and importers and exporters need specialized insurance protection against significant financial risks. Travelers Ocean Marine provides a broad array of products designed to meet these needs. 

Private directors & officers liability

Decision-makers guiding private companies are vulnerable to a multitude of exposures. They can be held professionally and personally liable for business pursuits deemed harmful to competitors or customers. Travelers Private Directors & Officers Liability coverage* responds when claims are made for actual or alleged wrongful acts and is designed to protect both company assets and personal assets.

Umbrella and excess casualty

Regardless of the industry you're in, accidents, injuries or catastrophic events may lead to damages that exceed the limit of primary liability insurance policies, such as general liability or business auto. To provide the extra coverage needed when these extraordinary events occur, Umbrella and Excess Casualty policies layer additional liability coverage amounts on top of existing limits contained in primary policies.

Professional liability coverages

Accountants professional liability

Whether you are a bookkeeper, tax preparer or certified public accountant, you could be subject to allegations by unhappy clients who feel they’ve been harmed by your actions or inactions. Travelers Accountants Professional Liability insurance* can help protect your company when lawsuits result from allegations of negligence or errors and omissions related to your work.

Design professional liability

Regardless of how well you plan for a project, the potential for mistakes in the performance of your design service is still very real. Travelers Design Professional Liability coverage* helps protect you when lawsuits result from allegations of negligence or errors and omissions related to your professional services.

Lawyers professional liability

Whether a small or midsized law firm, your business has potential exposures as client expectations are increasing and malpractice lawsuits are becoming more common. Travelers Lawyers Professional Liability coverage* helps protect firms when lawsuits result from allegations of negligence or errors and omissions related to your professional services.

Miscellaneous professional liability

Professionals face risks stemming from possible missed deadlines or the breach of contractual obligations that may have a financial impact or that may result in lost sales for a client. For a wide range of industries, Travelers Miscellaneous Professional Liability coverage* helps protect professionals from economic damages and for negligence in the performance of services when a reasonable standard of care is expected.

Real estate professional liability

With buyers, sellers and their respective agents on the opposite side of transactions, real estate professionals are at risk of being sued by unhappy clients who feel they have been harmed by certain actions or inactions. For these professionals, Travelers Real Estate Professional Liability coverage* is designed to help provide protection when lawsuits result from allegations of negligence or errors and omissions in providing real estate services.

One carrier for your business insurance needs

Over the ever-changing risk landscape, businesses have come to rely on Travelers for our financial strength, risk management expertise and claims-handling abilities. For more than 160 years, we have been a leading insurance carrier and a trusted partner to organizations across industries.

Talk to an independent agent today for guidance on your insurance needs.

_{*Available through Travelers Bond & Specialty Insurance
**Coverage options available through Travelers Bond & Specialty Insurance and Travelers Business Owners Policy}