Chubb Insurance Company

Chubb Insurance Company not only manages property it also provides casualty insurance products and services all over United States. It ranks 12th as property and casualty insurer with 120 branches in 26 countries. This company provides commercial insurance products that are not only innovative and comprehensive but also satisfies each individual customer needs. It is located with its headquarters at Warren Township of New Jersey.

History

In the year 1872, Thomas Caldecott Chubb along with his son Percy started insuring ships and cargoes of merchants in Seaport district of New York City. They helped policy holders to prevent disasters by this way they were very successful in their business. They were able to develop strong relationships with insurance agents as well as brokers which laid good foundation for their business. In the year 1957, this company has completed successfully 75 years of annual celebrations. While in the year 1967, Chubb Corporation was formed.

Chubb insurance company was listed into the New York Stock Exchange in the year 1984. John Finnegan is the president and CEO of Chubb Insurance Company at present. Chubb Corporation has been winning awards as well as recognitions for corporate reputation, employer of choice, financial strength, investment of choice and employer choice. It is possible only through its commitment towards customers, communities as well as industries.

Policies

Chubb insurance company provides commercial as well as specialty insurance policies. A large range of insurance solutions that are required in the business operations all over the world is offered by this company. Following are the business insurance policies that are offered by Chubb Corporation:

  1. Professional and Management Liability
  2. Property and Casualty
  3. Accident and Health
  4. Surety Bonds
  5. Industry Solutions and
  6. Loss Control Services

Prices for the policies will depend on the country, type of insurance policy and term of service.

Claiming Process

Chubb insurance company provides three types of options to report a claim which is through phone, online or else with the help of local chubb insurance agent. Following are some of the insurance policies with specific claim reporting options:

  1. Accident and Health
  2. Marine and Transportation
  3. Yacht
  4. Multinational Claims
  5. Crisis Assistance for Commercial Excess and Umbrella.
Chubb Corporation
Type Public (NYSE: CB)
Founded 1882
Headquarters Warren, N.J.
Key people John Finnegan, President & CEO
Industry Insurance & Finance
Products Commercial and Specialty Insurance
Revenue ▲$14.1 billion USD (2005)
Net income ▲$2.5 billion USD (2006)
Employees 10,400 (2008)

 

Chubb Insurance Company Info

Lines of Insurance:
Auto, Homeowners

States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, VI, WA, WV, WI, WY

Type of Insurance Company: Stock

Chubb Insurance Company

Name of Parent Company:
Chubb Group

Insurance subsidiaries:
Federal Insurance Co.
Vigilant Insurance Co.
Great Northern Insurance Co.
Pacific Indemnity Insurance Co.
Northwestern Pacific Indemnity Co.
Texas Pacific Indemnity Co.

Chubb Insurance Company Rating: Best Insurance Reports: A++

Company Financial Status:
Ticker Symbol: CB (NYSE)
Assets & Premiums: 2005 Assets (parent): $48.1 billion
2005 Revenues (") : $141 billion
S&P rating: A (strong)
Moody's rating: A2 (strong)

Chubb Insurance Phone Number & Contact Details

Chubb Insurance
Chairman/President   John D. Finnegan
15 Mountain View Road
Warren, NJ 07059
908-903-2000

Where to send complaints:
Chubb Group customer service
866-324-8222

Chubb Management Team

John D. Finnegan
Chairman, President & Chief Executive Officer, The Chubb Corporation

Thomas F. Motamed
Vice Chairman and Chief Operating Officer, The Chubb Corporation

John J. Degnan
Vice Chairman and Chief Administrative Officer, The Chubb Corporation

Michael O'Reilly
Vice Chairman and Chief Financial Officer, The Chubb Corporation

Robert C. Cox
Chief Operating Officer, Chubb Specialty Insurance

Paul J. Krump
Chief Operating Officer, Chubb Commercial Insurance

Andrew A. McElwee, Jr.
Chief Operating Officer, Chubb Personal Insurance