Travelers Companies, Inc.benefits

Travelers Companies, Inc.'s benefits plans covered 30,716 active participants in 2024, providing health · life · dental · long-term disability. Insurance premiums totaled $1,933,051. Insurance brokers and agents were paid $461,263 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.9% of premiums. That is $15 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 1.1% from $466,626 in 2023.