The Travelers Companies SWOT Analysis

The travelers cos which is headquartered in St. Paul, Minnesota and Hartford, Connecticut, is the largest Insurance Company in US according to the market share it controls. It employs around 32000 people from around the world and has current operation in all states of America, Canada, Ireland, Singapore, China and United Kingdom. The nature of this business is proving services and insurance products to commercial, personal and governmental units. Jay S. Fishman is the current CEO of this company. In 2011, the revenue of this company was recorded to be $25.446 Billion and assets were valued at $104.602 Billion.

Travelers Cos Strengths

It has almost been a century since when travelers have been in this industry; therefore it is much famous and firmly established. It also provides its services in all three units, i.e. personal, professional and governmental, thereby it is very unique and distinguished from other companies. For all these reasons, its market position is extremely strong and in US, it is the market leader of the industry.

It is also amongst the top 500 companies in America, ranking 98 amongst them. Further the market capital of the firm is a very large amount to be competed. This can be testified by the fact that in 2011, the market capital of travelers’ was over $24 billions (NYSE:TRV, 2011).

Travelers Cos Weaknesses

Although Travelers Company is established in US on a very large scale, its global market share is comparatively low. This is because it is particularly strong only in US and lacks geographical concentration. If it expands in to new areas, it will be able to dominate other companies and also maximize its profit.

Perhaps the greatest setback that Travelers face is its history regarding the legal issues. It unfortunately underwent an investigation regarding bad faith insurance practices, which de-motivates any of the investors to put money into such a company.

Opportunities for Travelers Cos.