A Controlled Master Program (CMP) pairs a master policy issued in the United States with local (admitted) policies issued around the world. Chubb’s Controlled Master Program is the gold standard of insurance protection, financial efficiency and outstanding client service worldwide. Two specialized products are offered:
World Network is Chubb’s international insurance contract for multinational companies that have established a physical presence outside the United States. World Network provides a separate policy of primary multinational insurance or difference in conditions/excess insurance when admitted policies are in place. It includes insurance for Property, Business Income, General Liability, Commercial Automobile and Foreign Voluntary Workers Compensation.
Customarq Global insurance extends the terms and conditions of Chubb Customarq domestic policies to apply outside the United States, insuring worldwide exposures under one insurance contract. Customarq Global includes protection against any difference in conditions/excess insurance contained in policies issued outside the United States.