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Travelers
Corporate · Founded 1853 · New York City, United States
Who Travelers is.
- Historical Background
- The Travelers Insurance Company was established in 1864 by James G. Batterson, a stone contractor who recognized the need for accident insurance after a trip to England. The company sold the first accident insurance policy in the United States and expanded into life insurance by 1865. Its predecessor company, Saint Paul Fire and Marine Insurance Co., was founded in 1853.
- Source of Capital
- As a publicly traded property and casualty insurer (NYSE: TRV), Travelers' investment capital is primarily derived from the premiums paid by its policyholders for its various insurance products. This pool of capital, known as the "float," is invested to generate returns until it is needed to pay out claims.
- Major Events
- In 2004, The St. Paul and Travelers merged to form The St. Paul Travelers Companies, Inc., creating one of the largest property and casualty insurance firms. The merged entity officially changed its name to The Travelers Companies, Inc. in February 2007.
- Allocation Strategy
- Travelers' investment strategy is centered on a diversified portfolio of high-quality, fixed-income securities, which constitute the majority of its invested assets. The company also allocates a smaller portion of its portfolio to non-fixed income securities, including public equities, private equity funds, and real estate partnerships, to enhance long-term returns. Geographically, the investment portfolio is primarily focused on the United States.
The funds Travelers backs.
Travelers is a limited partner in 56 funds. 12 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
How Travelers’ fund book is spread.
The 56 funds Travelers backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters, across the 54 of 56 with a location on record.
- North America 4787%
- Europe 47%
- Rest of world 36%
United States 47 · United Kingdom 3 · Hong Kong 1 · Israel 1
How established those managers are
Managers grouped by how many funds they have raised — across the 24 of 56 with a fund history on record.
The companies Travelers backs directly.
Travelers holds 14 companies directly, separate from the funds it commits to as a limited partner. Broken down by headquarters country, sector, entry stage and current growth stage. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.
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USA8
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Canada2
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Iceland1
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Netherlands1
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UK1
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Fintech7
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Enterprise Software2
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Travel2
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Education1
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Real Estate1
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Robotics1
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Security1
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Series B+2
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Series A1
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Early Growth6
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Late Growth3
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Breakout Stage2
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Mature2
Inside Travelers’ portfolio.
The 14 highest-funded portfolio companies, of 14 tracked.
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SiWhere Travelers’ portfolio founders come from.
14 founders across the 14 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.
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United States7
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United Kingdom2
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Canada1
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Iceland1
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Netherlands1
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Russia1
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Harvard Business School2
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Harvard University2
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Amherst College1
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Babson College1
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Capella University1
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Harvard Kennedy School1
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Hitotsubashi University1
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Massachusetts Institute of Technology1
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Queen's University Belfast1
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University of California, San Diego1
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United States Marine Corps2
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Almaz Capital1
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Baidu1
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Bepo1
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Compete1
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DocuSign1
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Ekso Bionics1
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FitBionic1
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FJ Labs1
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FutureAdvisor1
Other LPs.
Other corporate and insurance LPs in the Power Law LP ranking, closest to Travelers by combined power-law score — North America first, then the nearest worldwide.