Get tailored insurance coverage for your wholesale or distribution business
Wholesalers and distributiors play a vital role in the supply chain of the North American economy between manufacturers and retailers and commercial, institutional, and government end users. The market segment accelerates growth via greater use of technology and expansion into new and foreign markets. Chubb understands the risks that are unique to this segment, and we can proactively help wholesalers of all sizes navigate risk and thrive in today’s changing economy.
Chubb's wholesaler and distributor industry practice offers protection to companies of all sizes
Property insurance with equipment breakdown
Industry-specific coverage that can be purchased packaged or monoline for losses caused by equipment breakdowns, with a focus on getting your company back to business as soon as possible.
Coverage can be purchased packaged or monoline and include a blend of traditional insurance and alternative risk financing mechanisms to help manage your company’s liability risk.
A recall event can be debilitating to a company’s balance sheet; product recall coverage can reimburse you for expenses and other financial losses that are typically excluded on a general liability policy.
Companies of all sizes can get customized coverage with features like proactive managed care to speed return-to-work timeframes, fraud detection and prevention, and litigation and recovery management.
Protect your property investments and your bottom line with our broad-based coverage for environmental threats ranging from construction project pollution to storage tank issues to mold exposures.
Our robust, feature-rich policies offer insurance protection over and above your underlying policy limits and coverage options for your organization’s unique exposures.
In addition to coverage for large, multinational companies, Chubb covers small and midsize businesses with three package policy options — Business Owners Policy (BOP), Benchmarq, and Customarq. Each combines property, business income, and general liability insurance, and can be tailored for your specific exposures.
Protect your small business with this customizable insurance package policy. It offers a combination of property, business income, crime, employment practices liability, cyber, and general liability coverages, as well as the ability to add supporting insurance solutions specifically tailored to your small business needs.
Designed to be scalable for small to midsize businesses, Benchmarq is a flexible, customizable package including property, business income, and general liability insurance. Featuring enhanced base coverages that are broader than the industry standard, Benchmarq makes it easy to add protections as your business grows or risks evolve.
Our proprietary package product offers midsize businesses property, business income, and general liability insurance with a wealth of options to suit your needs. Customarq’s modular approach provides unmatched flexibility to protect against global exposures and industry-specific perils, and to quickly respond to emerging and evolving risks.
Chubb Provides Rapid Coverage for Fire Damage Incident
A fire loss that resulted in damage to machinery. The incident occurred when an employee flipped a light switch and a bulb fell from a 20 ft. high fixture, shattering and triggering the fire that damaged the machinery. Subrogation was pursued against the light bulb manufacturer, but no manufacturing defect could be determined since the bulb shattered.
Chubb responded efficiently to the incident and settled the claim.
Chubb Swiftly Covers Damages from Compressor Explosion
A 35-year-old compressor was loaned to a customer, but an unexpected incident occurred when the compressor exploded. A fire started that damaged the insured’s building and contents.
Chubb stepped in and resolved the claim quickly.
ADDITIONAL SERVICES
Chubb Risk Engineering
Increasing globalization, new business models, changing technology, an evolving risk management approach — as you face these challenges, Chubb can craft risk engineering solutions to address your specific risks. Our in-house network of more than 400 risk engineers around the globe helps companies anticipate and minimize costly exposures.
Risk management produces to respond to the complex insurance needs of the Wholesalers and Distributors industry
Whether your business takes you around the world or just around the town, Chubb is there for you. Our breadth of experience lets us provide the insurance solutions you need, whenever you need it, whatever you may be.
Partnership that’s personal
We work to understand your business and where you’re headed so we can be proactive about meeting your needs. Whether your business is big or small, we invest in getting to know you, your team, and your customers. The goal: to help you see ahead, be ahead, and stay ahead.
Creative problem-solving
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always striving to help clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to helping solve your risk challenges.
Unmatch expertise and financial strength
Chubb has served clients and partnered with leading organizations for more than 200 years. Our longevity, expertise, and financial strength are the bedrock of our business. That’s why 95% of Fortune 1000 companies are Chubb insured.
Wholesaler distributors play a vital role in the supply chain of the North American economy between manufacturers and retailers and commercial, institutional, and government end users.
