Chubb |
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The Insurers of the Chubb Group of Insurance Companies and their members is also known by the name Chubb. In the past this company was known as the Chubb Group of Insurance Companies, though the holding company is now known as the Chubb Corporation. Since 1967 it has been a publicly traded company, with shares listed on the New York Stock Exchange. Today they operate in 29 different countries with 120 offices, though their headquarters are located in Warren, New Jersey. Using over 8,000 independent agents and brokers as well as nearly 12,000 employees of the Chubb Corporation provide customer service worldwide. The principle of "Never Compromise Integrity" is the belief behind Chubb. With more than $44 billion in assets, the company currently shows that they are a prospering business. Of all the different rating agencies, many have consistently ranked Chubb as one of the best and leading insurance organizations working on a global level.Who We Are
We are an insurance company that specializes in helping customers find what they need. In addition to offering traditional products, we also offer products specific to different industries as well as helping people develop the plans they need. We believe in helping people reduce the risk they need from their insurance. Small businesses and some individuals will find that we offer property and casualty insurance. We utilize a system of independent agents and brokers to help us build individual relationships with our customers. Due to our longevity and not our size, we have become one of the leaders in property and health insurance.
We want to do the best that we can do, and to do that we remain dedicated to you and the relationship we have formed with you. To remind you of the customer service we provide we are there to help you with the best in loss control advice. Expert professionals are on hand to help customers find ways to reduce losses in the work place, and personal appraisers can help people decide the accurate value of their assets. This ensures that everyone buys the right amount of insurance coverage for their home and property. We want to help our customers by listening to them and forming a personal relationship. This not only helps us to lower your risks, but also increases the satisfaction of our customers.
Chubb History
Thomas Caldecot Chubb and his son Percy started the company in 1982 by beginning an underwriting company in a quiet part of New York. The two managed to call on 1,000 merchants in the area to collect $1,000 all of which went towards insuring cargo and ships in the area. This was the start of their business. The two worked with different agents and brokers in the insurance world to form different relationships that they could use. These relationships were the basis for Chubb Underwriters, as the different agents and brokers referred their clients to the company. Though the Chubb Corporation was listed on the New York Stock Exchange in 1984, it was actually officially formed in 1967. Today the company is one of the most traded insurance organizations in the United States, based on their overall revenue. In North America, Europe, South America, and the Pacific Rim the company employs almost 12,000 employees. They also use over 8,000 independent agents and brokers located around the world to keep the company functioning worldwide.
More about Chubb
Since emerging in 1982, Chubb has become a leader in the world of property and casualty insurance products and services to businesses around the world. A system of 8000 agents work around the world and around the clock to give customers everything they need in the world of insurance services. The company now has over 10,000 employees in 120 offices working in 29 countries, which makes them the 10th largest company providing property and casualty insurance in the United States. The company reported assets of $48.1 billion and revenues of $14.1 billion during 2005 in the US alone. The annual revenue of the company in 2005 makes Chubb the 156th largest corporation based in the United States. Chubb was also named the most admired company in America during this same time period.
Unparalleled Service
Chubb Underwriters work as our risk engineers, claims specialists, and hold other jobs on our staff, which makes it a simple job to bring your business here. Our goal is to give our customers 24 hour support and we do so by giving them access to our online risk and insurance services. We vow to never compromise our integrity and to follow our policies at all times. This allows us to treat our customers to the golden rule, and to provide them with the same service we would want.
Financial Strength
Chubb has achieved the highest rating in the insurance world, and hopes to keep that going for the next 5 decades. Moody's financial rating and reporting organizations have labeled the senior debt of the Chubb Corporation an A2, and the same was rated an A by Standard and Poor's.
Our Businesses
We give our customers the choice of at least 90 different insurance policies as well as a variety of services that provide more value to our large population of customers. We are ranked among the top US package policies and we also believe in our reputation of being one of the friendliest insurance programs in the county. Most domestic companies do not provide global solutions, but we do. Our experience dates back more than 25 years, giving us time to build our company and network of technology companies as well as our team of underwriters. To minimize the loss our customers' experience, we utilize a team of risk managers and risk engineers who are on hand to help customers pick the right services and products for their needs. We are devoted solely to financial institutions, which makes us the only property and casualty insurers in the country to do so. We give our consumers a variety of offer bids, payment and performance bonds all to construction companies that are highly qualified and restricted in our field. We also provide surety products that cover construction companies around the world. Construction and commercial surety industries will also find that we provide support services. With 19 offices in the US, Europe, and the Asia/Pacific, we have become the fifth largest surety company in the United States. By insuring some of the most precious jewelry in the world, we have also increased our reputation in terms of underwriting and the management of professional claims.
