The Travelers Companies is the result of a 2004 merger between St. Paul Companies, Inc. and Travelers Companies.
St. Paul Companies was founded in 1853 as Saint Paul Fire and Marine Insurance Co. as a mutual insurance company. It was soon a national company and was reorganized into a stock company.
Travelers was founded in Hartford in 1864 to provide travel insurance to railroad passengers. The company grew and expanded to include many different types of insurance, focusing on general property and casualty insurance.
As a result of the 2004 merger, the new company was named St. Paul Travelers. The name was changed in 2007 to The Travelers Companies. The new company kept the distinctive red umbrella logo.
Today The Travelers Companies is the second largest writer of U.S. commercial property casualty insurance and the third largest writer of U.S. personal insurance, issued through independent agents. It is part of the S&P 500 and the Fortune 500. The company has over 30,000 employees and had $25.74 billion in revenue in 2012.
