The Travelers Companies, Inc. (NYSE:TRV) announced that its Auto, Property and General Liability customers can now receive claim payments through the digital payments platform PayPal. Travelers’ link to PayPal comes through Global Digital Disbursements, a service provided by Global Transaction Services at Bank of America Merrill Lynch.
“The sooner our claimants are paid, the sooner they can recover from a loss and get their lives back to normal — PayPal will help make that happen as quickly as possible,” said Ellen Rizzo, Senior Vice President of Claim at Travelers. “This is the natural evolution of our claim payment processes,
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