Travelers tees off newly improved eagle 3sm
insurance protection for golf facilities
Hartford, conn.--(business wire)--travelers is pleased to tee off its newly improved eagle 3sm insurance protection for golf facilities. golf course owners and operators recognize that their greatest golf-related hazards extend beyond a bunker or fast-approaching summer storm. “in today’s economy, golf facilities need more flexibility and broader coverage to manage key exposures,” said ric sirmans, underwriting manager, travelers national programs. “travelers newly improved eagle 3 product helps better protect golf facilities against potential losses and keeps our policyholders out of the rough.” golf facilities face insurance risks unique to their industry, since they may have several businesses operating within one facility, such as restaurants, recreation (swimming and tennis), retail and landscaping. each of these has unique exposures - including fires, alcohol-related accidents, pool safety, golf cart accidents, lightning strikes, floods, or slips, trips and falls. travelers’ improved eagle 3 product offers new increased liability limits and flexible, customized coverage options. in addition to its existing liability coverages, including general liability, umbrella policies and commercial auto, eagle 3 has expanded its errant ball coverage from auto to property coverage and now offers an endorsement for food contamination cost reimbursement at restaurants and snack bars located at the facility. the pga tour® and more than 1,000 golf facilities across the united states rely on travelers to offer both the standard and specialized coverages they need. whether it is protection for buildings, equipment or greens, travelers has worked with brokers, agents and policyholders since 1987, providing the longest, continuous golf facility coverage, to help determine how to keep facilities protected. travelers’ policyholders also have full access to the array of risk control resources including training, educational courses and technical bulletins, along with designated claim specialists who understand the complexities of golf facilities. the newly expanded eagle 3 insurance for golf facilities is approved in 39 states, and is expected to be approved in the remainder of states, except california, by september 1, 2011. 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 $25 billion in 2010. the official property casualty insurer of the pga tour, travelers is also the title sponsor of the travelers championship, connecticut’s pga tour event. for more information, visit www.travelers.com.
