The Chubb Group of Insurance Companies has expanded its marine offerings with the addition of international hull insurance.
The move follows Chubb’s recent appointment of two veteran hull underwriters in London. The underwriters will review submissions on a worldwide basis from Chubb’s box at Lloyd’s of London. Chubb will continue to provide insurance through its global branch network for ocean cargo, marine liability and an entire suite of inland marine products.
‘Chubb has been insuring ocean cargo since our founding in 1882 along New York City’s seaport. Our expansion into hull insurance rounds out our marine portfolio at a time when world trade is booming. We can now bring a full complement of marine products to the international insurance marketplace,’ said Rich Soja, global manager, Chubb Marine Underwriters.
The member insurers of the Chubb Group of Insurance Companies form a multi-billion dollar organization providing property and casualty insurance for personal and commercial customers worldwide through 8,500 independent agents and brokers. Chubb’s global network includes branches and affiliates in North America, Europe, Latin America, Asia and Australia.