Canada Casualty Products

Major Accounts

  • You can get customize risk management and financing products specifically designed with the needs of large companies in mind.
  • Primary Casualty Coverages, Auto Liability, and General Liability (including U.S.)

Your company deals with the significant costs of financing and managing risk. National Accounts furnishes customized casualty risk management and financing products specifically designed to respond to the needs of large companies like yours.

Coverage Highlights

Coverage

  • Extensive experience serving the needs of Global Fortune 500 in the risk management and financing areas.
  • Chubb Global Casualty Major Accounts focuses exclusively on companies with revenue greater than $750,000 or requires customized retention programs.
  • Dedicated underwriting teams across Canada to provide clients with a personalized underwriting approach.
  • Access to Chubb’s full product offerings and capacity with Umbrella/Excess Liability, Professional Liability, Management Liability, Environmental, Marine, Accident & Health, as well as Chubb’s global underwriting capabilities and worldwide network.

Program Structure Options

  • High and matching deductibles
  • Paid loss and incurred loss retrospective plans
  • Captives (single parent, third party owned or Chubb sponsored protected cell, buy back or traditional structures)
  • Excess or self insured (SIR)
  • Funded deductibles
  • Clash, slider and corridor options
  • Guaranteed cost

Minimums

  • $250,000 retention per occurrence for General Liability (GL)/Products Completed Operations
  • $250,000 retention per accident for Automobile Liability (AL)
  • Lower deductibles and/or guaranteed cost will be considered

Limits

  • Capacity of up to $10 million for AL and GL

Additional capacity may be available subject to underwriting and program structure review.

Client Profile

Our typical clients include Global Fortune 500, public or privately held companies with:

  • Prior risk financing experience and appetite
  • Dedicated risk manager
  • Interest in fronting only or in addition to risk transfer options
  • Interest in or already contracting with a Third Party Administrator (TPA) for claims management or related services
  • Health, Safety, and Environmental and/or catastrophic response programs
  • Customers already engaged in actuarial studies and projections
  • Capability to provide needed collateral to support credit risk
  • Interest in more sophisticated risk financing or structured risk products currently or in the future