Business & Finance
Business and Finance
Business and Finance
Tue, June 22, 2010
Mon, June 21, 2010 
HARTFORD, Conn.--([ BUSINESS WIRE ])--Today officially marks the start of summer and most business owners are probably not thinking much about equipment breakdown. However, statistics confirm that the sunny season can bring equipment failure and business continuity problems along with it.
"Dona™t leave it to chance and find your air conditioning and refrigeration systems, boilers or electrical distribution equipment out of commission this summer"
Travelers (NYSE: [ TRV ]) recently analyzed data for air conditioning and refrigeration claims in 2009 and found a sizeable increase in the number filed during the summer. Based on the historical analysis, the total number of air conditioning and refrigeration claims may increase nearly 40 percent in the summer versus the rest of the year.
aDona™t leave it to chance and find your air conditioning and refrigeration systems, boilers or electrical distribution equipment out of commission this summer,a said Anthony Giannone, President, Travelers Boiler & Machinery. aWith the likelihood of equipment troubles increasing at this point in the year, now is a great time for business owners to consider taking preventative measures to ensure their equipment will continue running smoothly.a
Travelers provides business owners with valuable services to maintain equipment and to help business owners avoid possible breakdowns and malfunctions. The services include, but are not limited to:
- Inspection of boilers, pressure vessels and other equipment: Through periodic inspection, licensed professionals can find and detect malfunctions, provide recommendations and suggest reputable repair companies.
- Risk control surveys and consulting: By learning about the condition and maintenance requirements of their equipment, customers can build awareness of equipment management. Risk control consultants can help spot potential hazards, give advice on loss prevention and help customers to maintain working equipment.
- Full-service account management: Business owners can talk to trained account consultants about their risk control goals and take advantage of other services such as maintenance training.
In the case of a loss, [ Travelers Claim ] professionals work hard to provide a quality claim process:
- Claim investigation: Travelers Claim professionals have a variety of knowledgeable resources to consult during the claim process such as Travelersa™ certified analytical laboratory and a network of testing service companies.
For safety and risk management information around the clock, visit [ Travelers Risk Control ]. Also, go to [ Travelers Boiler & Machinery ] to find out more about [ Equipment Breakdown insurance ].
About Travelers
The Travelers Companies, Inc. (NYSE: [ TRV ]) is a leading property casualty insurer selling primarily through independent agents and brokers. The companya™s diverse business lines offer its global customers a wide range of coverage in the [ auto ], [ home ] and [ business ]settings. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2009. For more information, visit [ www.travelers.com ].
