Travelers’ “Distribution Support Plan” to Provide Financial Assistance to Agents and Brokers
The Travelers Companies, Inc. (TRV)
Last the travelers companies, inc. earnings: 4/21 06:57 am
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Source: Business Wire
Innovative plan will accelerate more than $100 million in commission payments to eligible distribution partners, building on the company’s COVID-19 relief efforts NEW YORK--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced that it will accelerate commission payments to eligible agents and brokers to help them address the liquidity impacts of the COVID-19 crisis. In total, Travelers is accelerating more than $100 million, a significant boost of cash flow to its distribution partners when they need it most.“As so many are facing a significant financial burden due to the COVID-19 pandemic, we want to show our agent and broker partners, many of whom are small business owners, our support at this challenging time,” said Alan Schnitzer, Chairman and Chief Executive Officer of Travelers. “Independent agents and brokers not only provide invaluable counsel and care to our customers but also play a critical role in the U.S. economy, and we are committed to standing b
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TRV
Earnings
- 10/17/24 - Beat
TRV
Sec Filings
- 11/14/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 144
- TRV's page on the SEC website