Chubb Launches Unique Non Damage Terrorism Solutions for Businesses

Chubb has launched a unique insurance solution aimed at bridging gaps in traditional terrorism business interruption policies. Chubb’s Non Damage Terrorism Solutions is a single policy offering non damage business interruption, plus employee and customer care assistance as a result of a terrorism loss. In addition, this policy also provides event cancellation coverage following an… Continue reading Chubb Launches Unique Non Damage Terrorism Solutions for Businesses

Chubb Supports Passage of the United States-Mexico-Canada Agreement

Chubb posts Q1 2024 profits

Chubb on Wednesday provided the following statement in support of the United States-Mexico-Canada Agreement (USMCA): Chubb supports and encourages Congressional passage of the United States-Mexico-Canada Agreement (USMCA). The Agreement will preserve and enhance the important trading relationships that underlie prosperity and the free flow of goods and services across North America. USMCA includes several provisions… Continue reading Chubb Supports Passage of the United States-Mexico-Canada Agreement

Chubb Makes Equity Investment in African Trade Insurance Agency

Chubb posts Q1 2024 profits

Chubb and the African Trade Insurance Agency (ATI) today announced that Chubb has made a $10 million equity investment in ATI. Chubb is the first global property and casualty insurance company to become a shareholder in Africa’s leading multilateral political risk and credit insurer. Chubb is the world’s largest publicly traded property and casualty insurance… Continue reading Chubb Makes Equity Investment in African Trade Insurance Agency

Chubb Announces Leadership Appointments for its North America Commercial Insurance Division

Chubb posts Q1 2024 profits

Chubb announced today leadership appointments for North America Commercial Insurance, the company’s $5.8 billion retail commercial property and casualty (P&C) insurance division that serves middle market and small businesses through 48 offices in the United States and Canada. Ben Rockwell, currently Executive Vice President and Chief Underwriting Officer of North America Commercial Insurance, has been… Continue reading Chubb Announces Leadership Appointments for its North America Commercial Insurance Division

Chubb Launches Enhanced TankSafe System for Brokers

Chubb posts Q1 2024 profits

Chubb has introduced an enhanced technology platform for the management of commercial underground and aboveground storage tank insurance. This portal, Chubb TankSafe®, is a fully-automated internet-based system designed to help make an otherwise complicated process more user-friendly and efficient for retail and wholesale brokers – from submission through policy and financial responsibility certificate issuance. TankSafe®… Continue reading Chubb Launches Enhanced TankSafe System for Brokers

Chubb Introduces CoverPlus Featuring Expanded Liability Insurance Solutions for Middle Market Manufacturers

Chubb has introduced CoverPlus℠ – a new platform offering expanded liability-driven products tailored to the ever evolving risks faced by middle market manufacturers as they embrace new technologies and processes to remain competitive. CoverPlus℠ features a custom-tailored suite of coordinated insurance products designed to fill the potential gaps which are typically inherent in traditional insurance… Continue reading Chubb Introduces CoverPlus Featuring Expanded Liability Insurance Solutions for Middle Market Manufacturers

Chubb Expands Water Damage Coverage to Personal Homeowner Insurance Clients in Canada

Chubb posts Q1 2024 profits

Chubb has launched its Overland Water Coverage offering to Canadian homeowner insurance clients. This newly-enhanced and expanded water risk management solution is designed to offer an add-on coverage for Chubb Masterpiece® home insurance policyholders. This coverage complements the existing water damage coverages, such as sewer back up, found in the base policy. “We feel it’s… Continue reading Chubb Expands Water Damage Coverage to Personal Homeowner Insurance Clients in Canada

Chubb Announces New Policy on Coal Underwriting and Investment

Smoke from the power station.

Chubb Limited today announced that it has adopted a new policy concerning coal-related underwriting and investment. With the new policy, the company will no longer underwrite the construction and operation of new coal-fired plants or new risks for companies that generate more than 30% of their revenues from coal mining or energy production from coal.… Continue reading Chubb Announces New Policy on Coal Underwriting and Investment

Chubb Earns the Carrier Automation Excellence Award from NetVU for its Marketplace Platform

Chubb posts Q1 2024 profits

Chubb recently received NetVU’s Automation Excellence Award for its digital Marketplace platform. The annual award – one of NetVU’s highest honors – celebrates innovative ideas that enhance efficiency, improve profitability, and streamline operations for insurance agents. The award was presented at the annual Accelerate conference – the largest insurance technology conference in the United States… Continue reading Chubb Earns the Carrier Automation Excellence Award from NetVU for its Marketplace Platform

Lloyd’s to Meet with Insurers AIG, Chubb to Boost U.S. Business: CEO

Lloyd's underwriting profit

Lloyd’s of London Ltd is meeting with major U.S. insurers about driving more business through its global insurance market, Chief Executive Officer John Neal said on Wednesday. The 330-year-old insurance market, which launched its most recent modernization effort in May, will meet with American International Group Inc on Thursday, and later with Chubb Ltd about… Continue reading Lloyd’s to Meet with Insurers AIG, Chubb to Boost U.S. Business: CEO