Continuum

The past cannot be erased, and the future cannot be predicted. Continuum from Chubb^SM is the first insurance product of its kind, helping businesses manage their liability exposures in a constantly changing environment. Specifically, Continuum helps to bridge gaps for companies whose current policies may be inadequate to address exposures emanating from the past.

Continuum from Chubb^SM offers the following insurance protection options:

Successor Liability insurance — helps protect the buyer of a business against the risk of future claims made against them, arising from the prior acts of an acquired company
Discontinued Products Liability insurance — helps protect either the buyer or seller of a business against the risk of claims against them for future occurrences stemming from discontinued products or completed operations
Retroactive Limits of Liability insurance — helps provide protection against future claims that exceed the protection under insurance available for prior years
Liability Trigger Conversion insurance — helps provide protection should a gap in coverage occur when a company converts its insurance from a claims-made or reported policy to a more standard occurrence-based policy

Adding the protection that Continuum provides does not require a company to dismantle its existing liability program. Continuum can be purchased even if Chubb does not provide the current liability insurance. Continuum also has these features:

Primary and excess capacity available
Extended claim reporting period
Global extension available

When does a company need Continuum from Chubb? Consider the following scenarios:

A home appliance manufacturer sells one of its subsidiaries because it is not generating sufficient profit. Some years later, a consumer pulls the former manufacturer into a million-dollar lawsuit seeking damages for a severe injury arising out of the discontinued product line. The manufacturer is found liable. Continuum’s Discontinued Products Liability insurance would respond.

A manufacturer acquires an electronic equipment leasing firm through an "assets only" agreement. Several years later, suit is brought after discovering that the former leasing firm’s equipment had caused major property damage prior to the buyout. The successor is found liable to pay the multi-million dollar claim, as the predecessor firm had inadequate insurance and could not finance the loss. Continuum Successor Liability insurance responds.

A company changes from a “claims-made” insurance policy to an “occurrence-based” policy. As a result, claims made after the policy change that arise out of pre-change events are no longer protected. Without Continuum Liability Trigger Conversion insurance, this company would be left with a gap in its liability protection.

Service and Strength

At Chubb, we deliver more than solid insurance products. We support our customers through our renowned services, extensive global network and financial strength.

Chubb's reputation for outstanding service is built on a consistent track record of performance by its global network of loss control and claim professionals. Our loss control professionals are experienced in making risk assessments and proposing practical remediation to help mitigate or prevent losses. Should a loss occur, our exceptional claim service is available anytime/anywhere in more than 140 languages through a toll-free number or via the Internet.

Our financial strength continues to earn high ratings from A.M. Best, Standard & Poor’s and Moody’s, leading evaluators of insurance companies. Financial strength, combined with our underwriting expertise and claim service, means you can count on Chubb to be there when you need us.

Additional Information

Learn more about:

Chubb's products - Please contact your insurance agent or broker; use our Find an Agent tool to locate an agent or broker near you.
Claims - Please go to Chubb's Claims Services.
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