Travelers Recognized for its Commitment to Diversity
Named One of DiversityInc's 25 Noteworthy Companies for 2013
HARTFORD, Conn.--(BUSINESS WIRE)-- DiversityInc magazine recently named Travelers one of 25 Noteworthy Companies in recognition of its diversity and inclusion efforts. Travelers was chosen from more than 893 participating companies based on an annual survey that measures CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity.
"We are honored to be recognized by DiversityInc for our company-wide efforts to create a work environment that supports and promotes diversity in everything we do," said Joelle Murchison Hayes, Vice President of Enterprise Diversity & Inclusion at Travelers. "Our leadership and employees know that this focus is essential to our organization being more reflective of our customers, agents, communities and future opportunities."
Highlights of Travelers' Commitment to Diversity:
Travelers partners with a number of diverse professional organizations including INROADS, The Posse Foundation, the National Black MBA Association and the Association of Latino Professionals in Finance and Accounting. The company has also implemented various initiatives focused on the development and progression of women and people of color.
The company has launched seven employee-led diversity networks focused on fostering the attraction, retention and development of all Travelers employees, many of whom are engaged by the company's leaders to influence business strategy. More than 3,500 employees have joined at least one of the diversity networks to date, a participation rate that is more than double what most employers see in the first five years following the implementation of similar groups.
Each of Travelers' more than 30,000 employees is required to attend a live, half-day diversity education training program to examine their personal biases and engage in learning strategies to become diversity change agents.
Travelers launched its signature education program, Travelers EDGE: Empowering Dreams for Graduation and Employment to increase the number of underrepresented individuals who complete a bachelor's degree and are prepared for a career at Travelers or within the Insurance and Financial Services industry. The program was recently lauded by the Pell Institute as a "model" on the "cutting edge of college access and success support."
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. The company's diverse business lines offer its global customers a wide range of coverage sold primarily through independent agents and brokers. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and operations in the United States and selected international markets. The company generated revenues of approximately $26 billion in 2012. For more information, visit www.travelers.com.
The Travelers Companies, Inc.
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