Travelers Announces Enhancement to Public Entity Management Liability Policy


Travelers Announces Enhancement to Public Entity Management Liability Policy

Coverage Offers Reimbursement for Limited Special Expenses

SAINT PAUL, Minn.--(BUSINESS WIRE)-- Travelers (NYSE: TRV), a pioneer in insuring public entities, today announced an enhancement to the Public Entity Management Liability (PEML) policy that provides limited special expenses coverage reimbursement related to the replacement of key employees in the event of a death or medically confirmed situation that results in their resignation or retirement.

When a key public employee is unexpectedly injured or otherwise medically incapacitated, several essential steps must occur in order to maintain an organization's normal business operations. Frequently, it is necessary to hire a search firm to find a permanent replacement or hold a special election to replace a public official, all of which can result in financial stress for the organization.

"The cost of finding a replacement for a key public sector employee in the event of death or disability is estimated to range from $5,000 to $15,000, while holding a mid-term election can easily cost as much as $15,000 alone," said Chuck Wright, President, Travelers Public Sector Services. "Travelers understands the budgetary constraints of public entities and has developed the Limited Special Expenses Coverage for Key Employees to meet the unexpected needs that would arise in such a situation."

The Limited Special Expenses Coverage for Key Employees is available to cover lawfully elected officials, employees at the head of police, fire and other public safety organizations, and employees at the head of legal, finance or risk management departments within a public entity. The enhancement is designed to reimburse costs (up to sublimit options of either $25,000 or $50,000) associated with the following situations:

  • Hiring a permanent replacement of a key employee, including hiring a search firm or outside advertisement agency;

  • Advertising, travel, temporary lodging, meals and car rental;

  • Holding a special election, including polling premises, ballot machines, temporary workers, printing of ballots, ballot counting and public communications.

Travelers has provided coverage solutions to public entities for more than 22 years and continues to refine their offerings to help public entities address new challenges. The Limited Special Expenses Coverage for Key Employees policy enhancement complements Travelers existing portfolio of products and services that are specialized for the public sector industry, including:

  • Public Entity Management Liability (PEML)

  • Law enforcement liability

  • Public entity employment-related practices liability

  • Public entity general liability

  • CyberFirst liability

  • Automobile

  • Workers compensation

  • First party

  • Umbrella

About Travelers
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 U.S., Canada, U.K. and Ireland. The company generated revenues of approximately $26 billion in 2012. For more information, visit

The Travelers Companies, Inc.
Gail Van Cleaf, APR, 651-310-6902

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