Our multinational capability
We know world markets inside out – from environmental impairment liability in Brazil to pure financial loss in Canada – and
we stay informed about political and economic developments that can indicate the need for new or updated insurance. Chubb
have over 130 offices in 32 countries worldwide and an established network of affiliated offices in over 70 countries worldwide.
Meaning we have true global presence.
Compliance with local market requirements
Because we use local, admitted policies issued from regional Chubb offices and our affiliates worldwide we reduce the risk
of penalties for non compliance. Chubb multinational underwriters understand and can advise on local regulations and market
conditions and suggest the best structure for a compliant master programme.
Specialist US capabilities
As befitting an American insurer we are perfectly placed to ensure full compliance and protection for companies with US exposures.
Our team in New Jersey provide a seamless and coordinated approach for our multinational clients with in an environment unaffected
by language and time zones. This dedicated team communicates directly with the controlling underwriters and provides a specific
knowledge of the US market in terms of underwriting, pricing and the US legal system ensuring full compliance with regulations
and tax laws. They also provide access to loss control services and claims handling as well as a range of other specialist
US products.
Technology
MAPS, multinational account placement system, is our internet based system that we use to communicate with our overseas and
affiliate offices to coordinate a multinational policy. This enhanced global account management tool allows clear, consistent
information flow between all offices and provides immediate update facilities and superior reporting functions.
Correspondent brokers services
Chubb can provide access to over 100 fully independent brokers in over 60 countries to assist controlling brokers in placing
local underlyers where they do not have local representation – ensuring compliance with local legal requirements, acting as
liaison between Insured and local carrier; obtaining underwriting information; providing local expertise and placing covers
outside the programme, where needed.
Financial security
Chubb’s financial results stand out in the industry. We are in the business of assuming risk, but we are also in the business
of prudence. An insurance policy is a promise to pay, and we take our promises seriously. That is why we guard our financial
strength so zealously. In today’s market, Chubb’s conservatism is looking better and better.
Chubb Insurance Company of Europe
• A.M. Best P&C Financial Strength A++ (Superior)
Chubb Corporation
• A.M. Best P&C Financial Strength A++
• Standard & Poor’s P&C Financial Strength AA
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