Chubb News

New Jersey Investigating NRA-Sponsored Carry Guard Insurance

The New Jersey Department of Banking and Insurance is investigating the marketing and sale in New Jersey of insurance sponsored by the National Rifle Association for potential violations of state insurance laws. The Department is examining Overland Park, Kansas-based Lockton …

UK Insurers Push Ahead with Brexit Plans in Absence of Trade Deal: A.M. Best Report

In the absence of a Brexit trade deal between the United Kingdom and the European Union, insurers in the UK have accelerated their plans to establish new EU subsidiaries and ensure business continuity after Brexit, according to a report published …

Chubb Appoints Wong as Country President for Hong Kong, Taiwan & Macau

Chubb has appointed Stanley Wong as country president for Hong Kong, Taiwan & Macau, effective Oct. 1, 2018. He replaces Doug White, who was appointed to the role of head of the Major Accounts Division for Chubb in Asia Pacific. …

Chubb Launches Major Accounts Division in Asia-Pacific Region, Headed by White

Chubb announced the establishment of a Major Accounts Division in the Asia Pacific region, a dedicated premium service that encompasses underwriting, risk engineering and claims for the region’s large, global and multi-national clients and business partners. The new Major Accounts …

Chubb Taps Edey from Amtrust as Head of Management Liability, UK & Ireland

Chubb announced the appointment of Janet Edey as head of Management Liability for the UK and Ireland. In this role, Edey will have responsibility for leading and overseeing the development and execution of Chubb’s management liability strategy. Management liability includes …

Chubb Appoints Nazir from Aspen as Cyber Underwriting Manager, UK & Ireland

Chubb announced the appointment of Raheila Nazir as cyber underwriting manager for the UK and Ireland. In this role, Nazir will have responsibility for the leadership and direction of Chubb’s UK&I Cyber Underwriting team, in addition to managing product development …

Update: Chubb Partners with Uber to Cover South African Drivers

Uber Technologies Inc. is partnering with insurance company Chubb Ltd. to cover its South African drivers in case of death or injury as violent attacks plague the country’s cities. The new deal will pay out a lump sum to the …

Chubb Partners with DynaRisk to Offer Cyber Loss Mitigation Service in UK, Ireland

Chubb has partnered with cyber security company DynaRisk to offer a cyber loss mitigation service to Chubb’s Cyber Enterprise Risk Management policyholders in the UK and Ireland. The DynaRisk service assesses a person’s devices and digital footprint to provide a …

Chubb Takes New Steps in Its Brexit Preparations to Redomicile to France

Chubb European Group announced it has achieved an important regulatory step in its Brexit preparations to redomicile its businesses to France. This provides Chubb’s customers “with continuous, uninterrupted service regardless of the outcome of Brexit negotiations between the UK and …

Interest in Crypto Insurance Grows, Despite High Premiums, Broad Exclusions

In the staid and buttoned-up world of insurance underwriting, few want to talk about it. You won’t find many ads promoting it or details on company websites offering it. But according to industry insiders, there’s a hot new business that …