Chubb News

Chubb to Buy Additional Stake in China’s Huatai Insurance for $1.53B

Insurer Chubb Ltd said on Monday it will buy up to an additional 22.4% stake in Chinese insurer Huatai Insurance Group Co Ltd for 10.8 billion yuan ($1.53 billion), as it looks to bank on a rapidly growing sector in …

Chubb Appoints Keen as Division President, Chubb Global Markets

Chubb announced the appointment of Jason Keen as division president, Chubb Global Markets. In this role, Keen will have responsibility for the leadership, strategy and performance of Chubb Global Markets, which comprises Chubb’s London market wholesale and specialty business including …

Quantemplate, Insurtech Provider of Cloud-Based Data Services, Raises $12M

Quantemplate, the provider of self-service, cloud-based automated data services for the re/insurance industry, raised more than $12 million in its latest funding round. Quantemplate said it plans to use the funding for three main areas, sales and marketing, and platform …

Chubb Taps Poole from Tokio Marine as Head of Middle Market, UK & Ireland

Chubb announced the appointment of Jonathan Poole as head of Middle Market for the UK and Ireland. In this role Poole will have overall responsibility for Chubb’s Middle Market strategy for the UK and Ireland which includes sales and distribution, …

Insurers to Offer up to $5B in Capacity to Hike Developing Nations’ Climate Resilience

Insurers are partnering with the United Nations and other public groups to help the poorest countries bounce back from natural disasters that may become a more regular occurrence. As part of the program, as much as $5 billion in insurance …

Chubb Personal Auto Service Protects Insured Info for Total Loss Vehicles

Chubb has launched a new service designed to help personal auto clients remove sensitive electronic information from their vehicles in the event of an insured total loss. “While hands-free GPS and mobile connectivity has made driving more convenient and safer, …

3 Steps to Keep the Cameras Rolling for Entertainment Clients In Hurricane Season

The magic of the movies has the power to transport theater goers to distant lands, faraway places and, in some cases, entirely different planets. Television shows are no exception, and the power of set design is a contributing factor to …

Chubb Launches CoverPlus Liability Insurance for Middle Market Manufacturers

Chubb has introduced CoverPlus – a new platform offering expanded liability-driven products tailored to the evolving risks faced by middle market manufacturers from new technologies and processes. CoverPlus offers a custom-tailored suite of coordinated insurance products and offers flexible and …

Chubb Launches Combined Product for Professional Service Firms

Chubb has introduced a new offering designed to help professional service firms mitigate a variety of exposures that can impact their businesses. The new Pro ERM offering combines miscellaneous professional liability, media liability, cyber liability, and first-party cyber coverages with …

Insurers Pressured to Drop Coverage of Canada’s Oil Sands Pipeline

A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project, which carries crude from Alberta’s oil sands to British Columbia’s …