Travelers Europe News

Markets/Coverages: Digital Lloyd’s Syndicate Ki Partners With Travelers and Aspen to Expand Follow Capacity

Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced that Travelers and Aspen will offer additional follow capacity through its digital platform from Jan. 1, 2024. As a result of this partnership, Ki will become the first algorithmic …

Travelers to Transfer European Business to Dublin Subsidiary in Preparation for Brexit

Travelers Insurance Co. Ltd., the U.K. subsidiary of The Travelers Cos., has received approval from the High Court of England and Wales to transfer the portfolios of all relevant in-force policies and historic liabilities written out of its Irish, French, …

Travelers Europe to Form Dublin Insurance Subsidiary Ahead of Brexit

Travelers Europe announced it has been granted a license by the Central Bank of Ireland to form a wholly owned insurance subsidiary in the Republic of Ireland. Based in Dublin, Travelers Insurance Designated Activity Co. (Travelers Insurance DAC) will provide …

Travelers Europe Launches Stand-Alone Cyber Product for UK, Ireland Businesses

Travelers Europe announced the availability of Travelers CyberRisk, a new standalone cyber insurance product for organizations of all sizes in the United Kingdom and Ireland. Travelers CyberRisk provides liability and first-party cover for losses from cyber attacks. It also provides …

Travelers Europe Offers Enhanced Cyber Cover for UK & Ireland Tech Sector

Travelers Europe announced it has enhanced its offering for technology businesses in the United Kingdom and Ireland with a packaged product to provide improved protection against the unique cyber risks facing IT, communications and electronics manufacturing and assembly companies. The …

Travelers Names Rnjak to Lead Its Lloyd’s Platform

Travelers Europe announced it has appointed Nick Rnjak to lead Travelers Syndicate Management Ltd., its wholly owned platform in the Lloyd’s insurance market. Rnjak most recently served as chief underwriting officer for Travelers Syndicate. In his new role, he will …

Travelers to Offer Small Business Insurance in UK via Online Platform

The Travelers Cos. Inc. announced it will offer insurance directly to UK small businesses with fewer than 10 employees and less than £2.5 million ($3.7 million) in revenues. The online platform will initially be available for office businesses, such as …