St. Paul Travelers Cos. said Monday that it had expanded its ability to offer worldwide commercial property coverage for companies with international operations.
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The initiative between the company's national property and global accounts units enhances domestic and international property coverage by supplying insurance protection under a single form.
The combined approach to global property insurance reduces potential coverage gaps and capitalizes on St. Paul Travelers' ability to supply locally admitted commercial property coverage wherever customers do business.
St. Paul Travelers is the second-largest property insurer in the United States, it said.
