Chubb Climate+ spans major industries, with a goal of enabling climate change progress in a meaningful way.
All Chubb policyholders are eligible for cyber services. Get the most value from your Chubb policy and schedule a consultation today.
In a complex world, Chubb’s support for multinationals and their brokers when choosing the right cover has never been more valuable.
As one of the world's largest providers of jewellery and fine art insurance, you can count on our unparalleled service and expertise, offering some of the broadest protection available.
As pioneers of using in-house appraisers to help clients establish the value of their property, and mitigate the risk of loss, our appraisal service is a key reason why owners of fine homes and high value possessions around the world choose Chubb
Build your business by providing the protection your customers need – it’s insurance for the new possible.
The seamless, secure, and scalable engine behind new possibilities for your company and customers.
Our MasterPackage for Aviation Product Suppliers simplifies insurance for manufacturers supplying to aviation. Tailored for mid-market commercial customers, this all-in-one solution combines aviation and non-aviation product liability into a single policy, reducing friction and gaps in cover.
When the unexpected happens, you need a partner you can trust. Chubb’s dedicated in-house aviation claims team is recognised for its expertise and service, supporting both major clients and private aircraft owners with a proven track record for fast, fair claims resolution.
To help you navigate the sector’s terminology, we provide a glossary covering key terms such as OEM, grounding, EASA, FAA, airworthiness directive, aircraft product, criticality, working parties, airside and CAA.
Aviation insurance involves a number of acronyms and terminology that you may be unfamiliar with. Please find a quick run down below.
OEM
Original Equipment Manufacturer. An OEM is the original designer and manufacturer of the aircraft e.g. Airbus.
Grounding
Withdrawal of aircraft from flying operations due to an Airworthiness Directive.
EASA
European Union Aviation Safety Agency. Body responsible for civil aviation safety in the European Union.
FAA
Federal Aviation Administration. US Agency responsible for civil aviation safety.
Airworthiness Directive
An Airworthiness Directive (AD) is a legally enforceable regulation issued by a national aviation authority to address an unsafe condition in an aircraft, engine, or part. Owners and operators of affected aircraft must comply with the AD, which mandates specific inspections, repairs, or modifications to correct the safety issue.
Aircraft Product
This means any completed aircraft or unmanned aerial vehicle (UAV) and any product which forms a part of an aircraft or UAV including any product not installed but intended for use in an aircraft or UAV such as spare parts.
Criticality
Measure of importance of non-critical components to the safety and operation of the aircraft, with level 3 being most critical and 1 the least.
Working Parties
Extension, available by endorsement, for work away performed by the insured’s employees in relation to aircraft products.
Airside
Area of the airport after security to which access is restricted to passengers, aircrew, and employees with appropriate security clearance.
CAA
Civil Aviation Authority. A national civil aviation body responsible for aspects of aviation safety such as the UK CAA, EASA, and FAA.
Aviation Premises Liability
Extension, available by endorsement, for work performed while at airport premises, including airside.