The Travelers Companies, Inc. announced a $5 million commitment to assist families and communities impacted by the COVID-19 pandemic in North America, the United Kingdom and the Republic of Ireland. This includes support for the most financially vulnerable in the communities where Travelers operates.
As part of this pledge, Travelers will donate $3.5 million to leading charities that provide essential services to address urgent, unmet needs, including emergency assistance for hourly workers, food and shelter for vulnerable populations, stability to small businesses, and resources to mitigate disruptions in education. Among these initiatives, Travelers has repurposed its kitchen facilities in Hartford, Connecticut, to assist nonprofits in the preparation and delivery of meals.
In addition, up to $1 million will go to pay the wages and health benefits for eligible third-party contract employees who provide services at the company’s offices, including dining and building maintenance. This will ensure that these individuals, who would have otherwise been laid off, remain employed.
The company also has designed a special matching program for its employees who wish to contribute to causes related to COVID-19. Under the program, Travelers is committing up to $500,000 to match – on a 2-for-1 basis – employee contributions to designated organizations, including Americares, Dublin Simon Community, Food Banks Canada, Team Rubicon and United Way.