Chubb Expands Its Presence in Northeast Florida
TAMPA, FL, September 25, 2006 - The Chubb Group of Insurance Companies will open an office in Maitland, FL, to target prospective commercial and personal
insurance customers in Northeast Florida.
"The region's population and wealth are growing at a faster pace than the rest of Florida and the nation as a whole," said
Greg Fontana, who has been appointed Chubb's Northeast Florida production office leader. "We are excited to offer our products
and services to more customers in Northeast Florida."
The area Chubb plans to target includes Flagler and St. Johns, two of the fastest growing counties in the nation, as well
as Orange, Seminole, Volusia, Duval and Nassau counties. By 2010, the state is expected to surpass New York as the third most
populous state in the nation, and Florida has experienced the greatest increase in new housing units from 2000 to 2005, according
to the U.S. Census. In addition, Florida Tax Watch reports that home prices have significantly outpaced the national average
and have increased by a larger percentage for each of the last five years.
Fontana said Chubb expects to appoint additional agencies in these counties. Agency principals interested in a Chubb appointment
may contact Fontana at (561) 704-1263.
The office, which is expected to open in early November, will be located at 875 Concourse Parkway South in Maitland. Chubb
also operates a branch in Tampa as well as an office in Sunrise.
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. Additional information
on Chubb can be found at www.chubb.com.
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