Funds will go toward organizations advancing equality and rebuilding damaged businesses
NEW YORK–(BUSINESS WIRE)–The Travelers Companies, Inc. (NYSE: TRV) today announced a commitment of $1 million to assist nonprofits dedicated to advancing racial equality across the United States and rebuilding damaged businesses in Minnesota, where the company has had a significant presence for more than 165 years.
The donation will be allocated among organizations such as the NAACP Legal Defense and Educational Fund, the National Urban League, YWCA Minneapolis and the We Love Midway fund established by the St. Paul Area Chamber of Commerce in collaboration with the City of St. Paul.
“The gravity of this moment demands meaningful action, and Travelers has a long history of helping our communities in times of need,” said Alan Schnitzer, Chairman and Chief Executive Officer of Travelers. “Two ways we are stepping up right now are by supporting the important work of advancing racial equality and rebuilding our communities in the Twin Cities, where so many of our colleagues live and work.”
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $32 billion in 2019. For more information, visit www.travelers.com.
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