Monday, June 4, 2007

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Travelers Creates Specific Insurance Coverage for Small Technology ...

HARTFORD -- To meet the specific insurance coverage needs of the specialized technology market, Travelers Select Accounts today announced the availability of Technology Office PacSM and Technology Manufacturers Pac PlusSM. These two new segments are a part of Master PacSM, Travelers Business Owners Policy for small commercial insurance.

The new segments are able to cover the risks associated with small technology-focused businesses and provide two newly added optional endorsements for those who want to enhance their insurance coverage.

Technology Office Pac is tailored for businesses like computer consultants, software firms, or Web site designers. Technology Manufacturers Pac Plus provides coverage for businesses that manufacture technology products.

These new offerings simplify the product approach for small technology businesses and show Travelers commitment to meeting the ever-changing needs of the technology market, said Marc Schmittlein, president of Travelers Select Accounts.