Umbrella & Excess Casualty

Umbrella and Excess Liability Insurance for Canadian Major Accounts

  • Solutions for a number of industry segments
  • Ability to write worldwide exposures and issue admitted paper in over 50 countries

Chubb’s Umbrella & Excess Casualty insurance offers large, risk managed companies commercial umbrella and excess liability coverages to protect you against a broad range of critical risk exposures and catastrophic events. Chubb offers long-term claims-paying ability and innovative global solutions for a spectrum of industries.

Coverage Highlights

Benefits

  • Broad appetite for risk
  • Experienced umbrella and excess liability underwriters with high levels of authority and the flexibility to provide industry leading responsiveness and tailored coverage options
  • Ability to write worldwide exposures and issue admitted paper globally
  • Consistent underwriting and pricing throughout market cycles
  • Industry leading terms for lead umbrella and excess policies
  • Ability to use Chubb wording or broker manuscript
  • Specialized claims expertise
  • Chubb financial stability

Coverage

  • Ability to schedule a wide range of underlying coverages
  • Lead umbrella or excess liability insurance typically within the first $100 million
  • Chubb Crisis Assistance for Excess and Umbrella offers a $300,000 aggregate limit or 3% of each occurrence limit shown of the policy (whichever is less). Coverage is automatically provided on all Commercial Umbrella insurance policies. Crisis Assistance enables a Chubb Insured to hire a pre-approved crisis assistance service provider for immediate assistance

Limits

Umbrella or Excess: up to $50 million

Target Client

Companies who have the following:

  • $750mm or greater in annual revenue
  • Industries that need financially sound capacity and competitive prices
  • Place value on consistent underwriting and pricing
  • Place value on expertise in claims handling based upon clear coverage forms
  • US and International exposures

Client Profile

Broad appetite for domestic and multinational risks, including but not limited to:

  • Manufacturing
  • Resource sector
  • Communications
  • Real Estate
  • Retailers and wholesalers
  • Contractors