Travelers Adds Workers’ Compensation to Aviation Unit

March 5, 2008

Travelers’ Aviation unit has introduced a new workers’ compensation insurance program for corporate flight departments.

Travelers’ new aviation workers’ compensation program will provide coverage for general aviation flight departments, including pilots, ground crew and administrative staff, to help insureds keep rising loss cost trends under control. The program will supplement aircraft hull and liability policy forms for flight departments ranging from a single pilot to large departments.

“The workers’ compensation climate is changing,” said Gordon Murray, president, Travelers Aviation. “We want to make sure we are working closely with our customers so that their business is properly prepared, educated and equipped with the best tools, technologies and advancements to manage the challenge of rising claims costs.”

Travelers’ workers’ compensation program is available in all states where permitted.

Workers’ compensation policyholders also benefit from TravComp to manage workers compensation claims, which offers many benefits, including early assignment of the claim to a local point of contact, a focused strategy for medically appropriate return-to-work and availability of network savings to manage loss costs.

The Travelers’ TravComp workers’ compensation claim management process uses technology to integrate the claim, medical and billing platform which helps to ensure that payments are issued only for appropriate bills. TravComp also offers the industry’s first injured worker Web site (www.mywcinfo.com), a site for injured employees to obtain information and medical tips and to review their claim payment information online. Customers can further benefit from Travelers’ 24-hour workers’ compensation claim reporting tools.

In December 2007, Travelers introduced Flight Plan Preferred, its second aviation insurance policy, which is a flexible policy form providing aircraft hull and liability coverage designed for today’s diverse general aviation fleet, including pleasure and business transportation, municipal aircraft accounts and commercial/charter operators. Travelers introduced Flight Plan Premier, an integrated hull and liability policy form designed to meet the needs of corporate flight departments, in May 2007 with the launch of its Aviation unit.

Source: Travelers, www.travelers.com

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