
Lloyd’s - Travelers Syndicate 5000 - Insurance Underwriter Travelers Syndicate 5000 is one of over 70 syndicates that operates in the Lloyds insurance market whose history extends beyond 300 years. Through Syndicate 5000, Travelers offers specialty aviation insurance and its team of underwriters combines specialist knowledge and industry expertise to provide clients with solutions across a broad spectrum of risk management needs. Travelers Syndicate 5000 is part of The Travelers Companies, Inc. group, a leading property casualty insurance group. The group’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,The Travelers Companies, Inc. has more than 30,000 employees and generated revenues of approximately $25 billion in 2009. For more information about Travelers financial strength, visit www.travelers.com. Travelers Syndicate 5000 itself operates within the Lloyds overall rating which currently enjoys an ‘A’ rating from A.M. Best and ‘A+’ ratings from Fitch Ratings and Standard & Poor's as of October 2010 and is authorised and regulated by the Financial Services Authority. The role of the underwriter is to decide if requests for insurance cover should be accepted by assessing, identifying, and calculating the risk of loss. They also define the terms and conditions of the cover and calculate the appropriate premium rates, in return for which they promise to pay all genuine and valid claims.
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