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Travelers Joins First Broker-led Investor Group and Accelerator Program BrokerTech Ventures As Its First Carrier Partner

By John F. Heerdink, Jr.

Reportedly, the industry’s first broker-led investor group and accelerator program BrokerTech Ventures (BTV) announced the addition of its first carrier partner, The Travelers Companies, Inc. (TRV), to the platform. 

“The elevated relationship between BrokerTech Ventures and Travelers was a natural fit. Between all 13 of our BTV firms, we represent a sizable annual premium with Travelers and have followed their leadership in terms of carrier innovation over the past several years. We intend on strategically partnering with several additional insurance companies that have a passion for and focus on insurtech innovation, with Travelers leading the way.” stated Dan Keough, Holmes Murphy chairman and CEO and co-CEO of BrokerTech Ventures.

“We have deep relationships with all the firms involved with BrokerTech Ventures, and becoming a partner enables us to more closely collaborate on technology solutions for agents and brokers. Together, we hope to identify new ways to digitally meet customers’ needs.”, stated Patrick Kinney, executive vice president of Field Management at Travelers.

Travelers, a noted provider of property-casualty insurance for auto, business, and home has the majority of operations in Hartford, Connecticut. BTV comprises of 13 super-regional, privately-held insurance brokerage firms spread across Silicon Valley to New Jersey, with nearly $30 billion in collective annual premiums.

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. To learn more about The Travelers Companies, Inc. (TRV) and to continue to track its progress please visit the Vista Partners Travelers Companies, Inc. Coverage Page. 

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: BrokerTech Ventures Announces Travelers as First Carrier Partner in GlobeNewswire)


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