Travelers Institute Hosts Ninth Annual Hurricane Preparedness Event
June 07 2019 - 08:06AM
Business Wire
Rebuilding Together, Inc. to Receive Travelers’
Community Resilience Award
The Travelers Institute, the public policy division of The
Travelers Companies, Inc. (NYSE: TRV), will host its ninth annual
“Kicking Off Hurricane Preparedness Season” symposium in
Greenville, North Carolina, at East Carolina University. The event
will provide community members with strategies to better prepare
for, and recover from, severe storms during the 2019 Atlantic
hurricane season.
“The storms that hit North Carolina last year caused substantial
damage and served as a reminder of the importance of planning,”
said Joan Woodward, President of the Travelers Institute and
Executive Vice President of Public Policy at Travelers. “With this
year’s National Hurricane Center forecast calling for up to four
major hurricanes, preparation is key, as it only takes one storm to
devastate an entire community.”
In addition to preparing existing structures before a storm, it
is critical to design newly constructed homes and buildings with
up-to-date building codes to ensure resilience. The Insurance
Institute for Business & Home Safety (IBHS) ranked North
Carolina seventh in its 2018 Rating the States report, which
assessed the progress of 18 hurricane-prone coastal states in
strengthening their residential building code systems. The report
indicated that North Carolina’s building code system was less
thorough than it was in 2015 and identified opportunities for
improvement.
“Just as it’s important for communities to understand their
risks and plan accordingly, local leaders must also make smart
decisions regarding zoning laws and building codes,” said Natalie
Enclade, Director of Individual and Community Preparedness at the
Federal Emergency Management Agency, who will deliver the session’s
keynote address. “This can reduce the number of structures in the
storm’s path and provide greater resilience for the buildings and
infrastructure that are already there. I encourage everyone to
create a culture of preparedness and to take steps now to protect
families, homes, businesses and other valuable assets.”
This event is being held in collaboration with the Small
Business and Technology Development Center, Independent Insurance
Agents of North Carolina, East Carolina University College of
Business Risk Management and Insurance Program, and IBHS. Jessica
Kearney, Second Vice President of the Travelers Institute, will
moderate a panel discussion on community safety and resilience
strategies with the following industry experts:
- Perry Bird, Director, Eastern Region,
Rebuilding Together
- Elise Montanari, Vice President,
Personal Insurance Analytics, Travelers
- Gina Schwitzgebel, CEO, General
Manager, North Carolina Joint Underwriting Association and North
Carolina Insurance Underwriting Association
- Alister Watt, Chief Product Officer,
IBHS
At the event, the Travelers Foundation will honor Rebuilding
Together, Inc. with the Travelers Excellence in Community
Resilience Award of $100,000. Rebuilding Together is a nonprofit
organization with over 30 years of experience in home and community
rehabilitation, preservation and revitalization. The award will
support the launch of the organization’s Safe and Healthy Housing
Disaster Recovery training program, which will educate communities
about the essentials of effectively restoring homes after
disasters.
“We’re focused on providing long-term support to families in the
wake of a catastrophe, helping them rebuild their lives, homes and
communities,” said Caroline Blakely, President and Chief Executive
Officer of Rebuilding Together. “We’re grateful to Travelers for
this award, which will enable us to expand our work and launch our
disaster response training program as well as bring awareness to
the importance of having a strong disaster recovery plan.”
The Travelers Foundation gives the Travelers Excellence in
Community Resilience Award annually to an organization that
demonstrates leadership in addressing community resilience. The
2020 application will open later this year.
For more information on the Travelers Institute and preparing
for hurricane season, please visit travelers.com.
About the Travelers InstituteThe Travelers Institute, the
public policy division of The Travelers Companies, Inc., engages in
discussion and analysis of public policy topics of importance to
the insurance marketplace and to the financial services industry
more broadly. The Travelers Institute draws upon the industry
expertise of Travelers’ senior management, as well as the technical
expertise of many of Travelers’ underwriters, risk managers and
other experts, to provide information, analysis and solutions to
public policymakers and regulators. Travelers is a leading provider
of property casualty insurance for auto, home and business. For
more information, visit www.travelers.com.
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Media:Sperry Mylott,
860.277.5075smylott@travelers.com
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