You are right, the Umbrella was a great purchase from a marketing perspective. However, the legacy of a company like the St. Paul, which holds the second business license ever issued in St. Paul, MN, and had some of the most dedicated, loyal employees in the country (and the financial strenght to purchase Travelers) is sad to see go by the way side. Again, I hope all of this results in higher stock prices…as a publically traded company that is truly our ONLY obligation to the shareholders.
Maybe Travelers should change their name to Aetna. Now that\’s a fine name for an insurance company. More importantly they should now focus on being a consistant market for their very consistant, dedicated independant agents who\’ve seen too many changes over the years from this outfit, causing much of our books to now be controlled by Geico, State Farm, Allstate, etal
As a former Travelers employee, and Citigroup/Travelers employee, I am happy to see the St. Paul part go in the trash. It had no business being first anyway.
I joined the company post-merger, but I\’m just hoping this change and any others in the future will generate \”the good old-days\” stock price and then some. It\’s sad when an enterprise like ours is trading $10 below Target, a major retailer in the off season!
Wow Reagan, that\’s harsh…however, if you\’ll check the records, The St. Paul purchased Travelers, not the other way around. They both brought extremely positive items to the table to generate a superior enterprise. Clearly, you never worked for The St. Paul as their employees would disagree.
As a former Aetna employee who watched Travelers take credit in its name for projects bonded by the former, I say \”ditto\” to the good riddance to St. Paul, but hope the historical credit is attributed where it belongs in the future – fair is fair.
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Kim,
You are right, the Umbrella was a great purchase from a marketing perspective. However, the legacy of a company like the St. Paul, which holds the second business license ever issued in St. Paul, MN, and had some of the most dedicated, loyal employees in the country (and the financial strenght to purchase Travelers) is sad to see go by the way side. Again, I hope all of this results in higher stock prices…as a publically traded company that is truly our ONLY obligation to the shareholders.
I wonder if Jay has retained the rights to the old \’Clock and Globe\’ of The St Paul?? Maybe I can find it in a dumpster behind 385 Washington.
Now all that remains is to shift all of the corporate headquarters functions to Hartford.
I am proud of my time at The St Paul….but then I predate the Doug Leatherdale era….
Maybe Travelers should change their name to Aetna. Now that\’s a fine name for an insurance company. More importantly they should now focus on being a consistant market for their very consistant, dedicated independant agents who\’ve seen too many changes over the years from this outfit, causing much of our books to now be controlled by Geico, State Farm, Allstate, etal
As a former Travelers employee, and Citigroup/Travelers employee, I am happy to see the St. Paul part go in the trash. It had no business being first anyway.
I joined the company post-merger, but I\’m just hoping this change and any others in the future will generate \”the good old-days\” stock price and then some. It\’s sad when an enterprise like ours is trading $10 below Target, a major retailer in the off season!
Wow Reagan, that\’s harsh…however, if you\’ll check the records, The St. Paul purchased Travelers, not the other way around. They both brought extremely positive items to the table to generate a superior enterprise. Clearly, you never worked for The St. Paul as their employees would disagree.
As a former Aetna employee who watched Travelers take credit in its name for projects bonded by the former, I say \”ditto\” to the good riddance to St. Paul, but hope the historical credit is attributed where it belongs in the future – fair is fair.
St. Paul, join the club – Aetna, Continental, INA, Home, Reliance, Kemper, Crum & Forster, etc, etc.
St. Paul, join the club – Aetna, Continental, INA, Home, Reliance, Kemper, Crum & Forster, etc, etc.
As a Travelers agent (used to be Aetna agent), I don\’t think we need the orange square back, but the red umbrella is huge.