Travelers New Errors and Omissions Coverage is the First Choice for Professional

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Travelers 1st Choice+ also offers specific coverages unique to the

accounting, design, legal and real estate professional such as mid-

term merger and acquisition coverage, a modified settlement clause,

deductible mediation credit, no sub-limits or exclusions for failure

to advise of pollution fungi or bacteria and more.

PRESS RELEASE

MarketWatch - USA

Travelers New Errors and Omissions Coverage is the First Choice for

Professionals

http://www.marketwatch.com/news/story/Travelers-New-Errors-Omissions-

Coverage/story.aspx?guid=%7B635C9D95-82DB-4B74-8B1C-6EF3F6F480B0%7D

Travelers 1st Choice+SM modular coverage designed to offer state-of-

the-art protection against potential exposures

Last update: 10:00 a.m. EST Nov. 12, 2008

SAINT PAUL, Minn., Nov 12, 2008 (BUSINESS WIRE) -- The growing

complexity of the business environment and ever-increasing

litigation means that today's professional needs errors and

omissions insurance coverage that is versatile and protects against

a variety of potential exposures.

TRV, , ) is pleased to introduce Travelers 1st Choice+SM, its new,

innovative, state-of-the-art professional liability coverage

designed to meet the needs of accounting, design, legal and real

estate professionals.

" This new coverage offers today's professional all of the benefits

of Travelers' existing 1st Choice® coverage while adding new

features and benefits that do not exist in any other professional

liability policy of this variety, " said Homer Sandridge, vice

president of Travelers Bond & Financial Products.

The new, modular Travelers 1st Choice+ offers customers errors and

omissions coverage in one comprehensive policy that can be tailored

to protect professionals from the latest trends in exposures. The

broad product suite offers inclusive and adaptive insurance

coverages including:

-- Network and Information Security Offense Coverage which protects

customers in the event of a network or information security breach

or error

-- Crisis Event Expense Coverage, a first of its kind coverage in

errors and omissions policy forms offering up to $10,000 in expense

reimbursement for consulting services provided by a public relations

firm in response to a crisis event

-- Pure claims-made coverage which eliminates the standard

requirement of requiring customers to report a claim within 60 days

of a policy's termination date

Travelers 1st Choice+ also offers specific coverages unique to the

accounting, design, legal and real estate professional such as mid-

term merger and acquisition coverage, a modified settlement clause,

deductible mediation credit, no sub-limits or exclusions for failure

to advise of pollution fungi or bacteria and more.

Customers will have access to specialized underwriting expertise by

dedicated and knowledgeable professional liability underwriters,

experienced claim specialists with the expertise needed to defend

and settle claims, and valuable risk management services. Travelers'

risk management services include Risk Management PLUS+ Online®, a

recently enhanced Web site that provides customers with tailored

services, articles, checklists and training to help limit potential

exposures, as well as risk management newsletters created

specifically for the needs of accounting, design, legal and real

estate professionals.

Travelers 1st Choice+ is available to new customers in most states

with policy effective dates on or after January 1, 2009 and is

available for customers renewing their existing Travelers 1st Choice

coverage beginning February 1, 2009.

TRV, , ) is a leading property casualty insurer selling primarily

through independent agents and brokers. Travelers understands that

life and business are inherently dynamic and that the best way to

serve customers is to deliver insurance in-synch with evolving

risks. The company's diverse business lines offer its global

customers a wide range of coverage in the auto, home and business

settings. Travelers is a Fortune 100 company, with 2007 revenues of

approximately $26 billion. The company has more than 33,000

employees. For more information on being in-synch, visit

www.travelers.com.

SOURCE: The Travelers Companies, Inc.

The Travelers Companies, Inc.

Media:

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