MGA Preferred Agency Network
"No matter your journey, we'll be here to help protect it."
BUNDLING FOR SMALL BUSINESS
Travelers is committed to helping your agency succeed by offering a full range of industry-leading solutions to address the evolving needs of your clients.
When you consider Travelers for both our core and specialty lines coverages, you gain the advantage of a partnership that can help you:
Minimize coverage gaps across your clients’ risk landscapes.
Benefit from increased retention and easier renewals.
Offer your clients the convenience of a consolidated claim experience.
Whether your focus is on small, middle or large-sized businesses, you can count on us to invest in the technologies, products and people that can bring your agency into the future—and help you grow your business.
The Right Business Insurance Coverage to Protect Companies
For businesses of diverse industries and sizes, Travelers offers comprehensive insurance solutions designed to address risk across a spectrum of operations.
GET MORE WITH TRAVELER'S
A Responsive Partner Focused on Your Success. Travelers provides unparalleled support to our agents. Through everything from comprehensive onboarding, training, marketing and networking programs, to customer support and exceptional claims handling, our goal is to ensure you are successful and profitable.
Support that Makes it Easier for You to Win More Business. Travelers recognizes the need to make it easier for you to get things done. Travelers invests in its agents by providing innovative services, products and new technology.
We redesigned our quote and issue platform to deliver:
• An integrated experience across products and lines of businesses;
• The ability to simultaneously launch quotes for multiple lines of business; and
• Time-saving integration with comparative raters and agency management systems.
We are continually improving our service to make it easier and more efficient to do business with Travelers.
Competitive Compensation With an Advantage. Travelers compensation program is designed to reward profitability and growth. You’ll earn competitive commissions and be eligible for supplemental income and bonuses, an important advantage of being appointed with Travelers.
An Excellent Customer Claims Experience. Our compassionate claims professionals and industry leading claims technology ensure your customers receive the timely caring service you want for them.
A Breadth of Competitive Products from a Trusted Brand. Travelers is a leading provider of auto, home and business property casualty insurance. For more than 160 years customers have trusted us to be there with the right coverage when they need us most
As an agent, you know the benefits of bundling insurance policies, but you may be surprised at just how many benefits there are, especially when you partner with Travelers. Bundling can help you throughout the sales cycle, from helping win the initial business to helping retain the customer.
At a high level, bundling:
1. Saves money. Customers who obtain more than one policy from the same carrier are typically offered a multi-line discount.
2. Saves time. Paperwork is reduced, policies are easier to manage. Billing and claim experience is more convenient and renewals are simplified.
3. Increases retention. The more lines a customer has, the more likely they are to stay with you.
4. Helps reduce coverage gaps. When policies are with one carrier, it lessens the potential for coverage confusion.
Let’s go deeper. Here are some benefits of bundling that make your job easier, while
helping your customers at the same time:
Offers Real Savings
Your small business clients watch every penny carefully, so a multi-line discount of 7%, for example, adds up to real dollars on BOP-sized policies, boosting their bottom line. (For example, on a $1,500 BOP, that’s $105 dollars — or enough to help add an Umbrella policy.) And for agents and carriers, it’s costly to continually process new customers — the added loyalty from bundling can help reduce customer churn.
Simplifies Customer Processes and Record Keeping
Keeping up with the many policies your small business clients may require is not where they want to spend their time. By consolidating, they have fewer separate bills to keep track of and have one number to call for claims questions — conveniences they’ll appreciate. And their financial information is disclosed to fewer parties. Let’s face it, it’s much easier to keep track of coverage information when it’s with a single carrier.
Increases Your Customer Retention
Unless there are issues with the carrier selected, most customers would rather stick with the status quo, particularly if making a move requires switching multiple coverages.
Helps Reduce Coverage Gaps
Most small businesses need several coverages to be fully protected. Policies from several carriers present more opportunities for coverage gaps and may not scale as the business grows. Working with Travelers for all of their commercial insurance means we can help minimize coverage gaps, resulting in fewer claim delays and less confusion around which policy provides coverage.
Insurance Expertise You and Your Clients Can Count On
Agents and small businesses rely on Travelers’ expertise. From having a broad array of well-designed, customizable coverage options and streamlined countrywide claim services to one of the largest Risk Control departments in the insurance industry — we are well-equipped to be the one stop for you and your clients.
And, with more than 160 years in the business and an A++ rating from A.M. Best,* you can count on us to be a stable force — leaving you better positioned to focus on what’s ahead.
Travelers is committed to helping small businesses and the agents that serve them – like you – thrive. And choosing the right insurance carrier for your customers has never been more important to helping keep their businesses protected and growing. That’s why every day we’re dedicated to making that choice an easy one with competitively priced products, fast and easy quoting, coverages designed for small business risks and a broad appetite that can’t be beat.