The Travelers Companies Inc. wants to have a voice when it comes to the future of the P&C insurance industry. The company established The Travelers Institute as a means of participating in public policy dialogue on matters of interest to the P&C insurance sector, as well as the financial services industry more broadly. The Travelers Institute will draw upon the industry expertise of Travelers’ senior management and the technical expertise of its risk professionals and other experts to provide information, analysis and recommendations to public policy makers and regulators.
“Travelers is committed to being a constructive participant in the public policy dialogue with regard to important issues facing our industry,” says Jay Fishman, chairman and CEO of Travelers. “We hope to contribute to solutions on a wide range of issues that face our customers, our agents and brokers, and the communities we serve.”
Based in Washington , D.C. , The Travelers Institute will be led by Joan Woodward, who joined Travelers in 2008 as EVP of Public Policy. Woodward served for a dozen years on Capitol Hill on both the House Budget and Senate Finance Committee staffs, before beginning nearly a decade at Goldman Sachs where she served as the founding executive director of The Global Markets Institute.
Woodward will coordinate with the Public Policy Advisory Committee of the company’s Board of Directors, which includes Janet Dolan, Kenneth Duberstein, Cleve Killingsworth Jr. and Blythe McGarvie.
