Women Presidents' Organization Names Chubb As Its Preferred Executive and Professional Liability Insurance Provider
WARREN, NJ, August 23, 2005 - The Women Presidents' Organization (WPO) has endorsed the Chubb Group of Insurance Companies
as the preferred executive and professional liability insurance provider for its members.
"Chubb has been an important WPO sponsor since 2000 and strongly supports the goals of our organization," said Marsha Firestone,
president, WPO. "Chubb is a well-respected name in the industry with extensive expertise in the executive protection and
professional liability arena. We are pleased to recommend Chubb to our membership."
"WPO members recognize the need to protect their company's balance sheet and its directors, officers and employees from the
financial devastation of a liability lawsuit," said Lisa McGee, vice president, Chubb & Son, and Private Company Customer
Group manager for Chubb Specialty Insurance. "We are proud to receive this endorsement of Chubb's capabilities from an organization
that is focused on the professional and managerial development of successful women business leaders. The WPO can count on
Chubb to provide its members with insurance and risk management solutions tailored to their companies' unique needs - and
at a discounted price."
Chubb's ForeFront PortfolioSM offers WPO members insurance solutions to help manage the potentially financially devastating
threat of many liability lawsuits. WPO members can select from eight policies to help protect their company, including:
directors and officers liability, employment practices liability, fiduciary liability, miscellaneous professional liability,
Internet liability, crime, kidnap/ransom and extortion, and workplace violence expense insurance.
WPO members are eligible for up to a 20% premium discount on any ForeFront Portfolio policy, subject to Chubb's filed rates
and the minimum premium for each coverage. The reimbursement feature of Chubb's employment practices loss prevention consultant
services has also been enhanced for WPO members. Chubb will reimburse WPO ForeFront Portfolio employment practices liability
insurance customers for 100% of the cost of these services, up to 20% of the customer's premium for the EPL coverage section.
WPO members can obtain insurance quotes from Chubb through Leslie Saunders Insurance and Marketing International or any other
Chubb-appointed agency.
The Women Presidents' Organization is an exclusive professional development and peer advisory group for successful, entrepreneurial
women. Local chapters are coordinated by a professional facilitator who organizes meetings of the peer advisory group to
focus on important business issues and cutting-edge business trends. The WPO has 48 chapters in the United States and Canada
totaling more than 800 members.
The member insurers of the Chubb Group of Insurance Companies form a multi-billion dollar organization providing property
and casualty insurance for personal and commercial customers worldwide through 8,000 independent agents and brokers. Chubb's
global network includes branches and affiliates in North America, Europe, Latin America, Asia and Australia. For more information,
visit www.chubb.com.
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