Travelers Provided More Than $25 Million in Community Support in 2018
16 May 2019 - 11:00PM
Business Wire
Company publishes annual community report
detailing its charitable contributions
The Travelers Companies, Inc. (NYSE: TRV) today announced it
provided more than $25 million in community support during 2018.
Details were published in the company’s annual Community Report.
Funds were distributed to programs and organizations that focus on
improving academic and career success for underrepresented
students, creating and maintaining thriving neighborhoods and
enriching lives through arts and culture.
Through corporate giving and the Travelers Foundation, the
company has provided more than $218 million toward community
initiatives over the past decade.
“The sustainability of our business is tied in part to the
success of the neighborhoods we call home, and we have a strong
commitment to taking care of those communities,” said Marlene
Ibsen, Vice President of Community Relations at Travelers and CEO
and President of the Travelers Foundation. “That commitment runs
through not only our giving programs but also our employees, who,
over the course of just last year, dedicated about 120,000 hours of
their time volunteering for important causes.”
Highlights of Travelers’ 2018 community support include:
- More than $6.5 million went toward
nearly 100 organizations to support educational initiatives.
- Through the company’s signature
education program, Travelers EDGE®: Empowering Dreams for
Graduation and Employment, 91 students received a direct
scholarship or stipend to help them work toward a bachelor’s
degree.
- More than 560 women, minority and
veteran small business representatives participated in free
educational workshops about business continuity and risk management
through the company’s Small Business Risk Education program.
- More than $1.7 million in funding went
to organizations that work to create culturally enriched
communities through the arts.
To view the full report and learn more about Travelers’
community involvement, please visit travelers.com/community.
About TravelersThe 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 $30 billion in 2018. For more information, visit
www.travelers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190516005563/en/
Courtney Garro, 860.277.8719cgarro@travelers.com
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