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Chubb Is Named Exclusive Insurance Sponsor for Greenwich Concours d'Elegance

WARREN, NJ, March 17, 2010 - Chubb Personal Insurance has been named the exclusive insurance sponsor for the Greenwich Concours d'Elegance, the annual collector car event.

More than 300 American and foreign cars will be on display at the Concours in Greenwich, CT, on June 5-6. Bringing together thousands of car enthusiasts from around the world, the event also will feature an auto auction and three-day regatta of former America's Cup yachts. The event will help support AmeriCares, the nonprofit disaster relief and humanitarian aid organization.

"Because of its outstanding reputation for quality insurance products and service, Chubb is a perfect fit for the Greenwich Concours d'Elegance," said Bruce Wennerström, co-founder of the event. "While many attendees are undoubtedly familiar with the Chubb brand, I am proud to introduce Chubb to passionate car enthusiasts looking to protect their investments."

Chubb has provided collector car insurance for more than 35 years to more than 20,000 collectors and is the exclusive insurance sponsor of Gooding & Company auto auctions.

Chubb's collector car insurance is designed with the car enthusiast in mind. Some features of a Chubb collector car policy include:

  • The ability to choose a body shop for repairs;
  • No mileage restrictions;
  • Automatic worldwide coverage for newly acquired autos, which is important when collectors make purchases at auto shows in the United States or overseas;
  • High limits for comprehensive, collision and liability;
  • Off-premise coverage for fire, explosion and other perils while the car is in the repair shop; and
  • Replacement of damaged parts with authentic or newly handcrafted parts.

"The Greenwich Concours d'Elegance is one of the most prestigious collector car events in the country," said Bill Cohen, personal insurance manager in Chubb's New Haven, CT, branch. "We look forward to meeting car enthusiasts who share our passion for collectible cars and interacting with many Chubb customers who live in the area."

For more information about the Greenwich Concours d'Elegance, visit www.greenwichconcours.com.

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. Chubb is a worldwide leader in insuring fine homes, automobiles, yachts, antiques and other collectibles, and personal liability. Additional information on Chubb can be found at www.chubbcollectorcar.com.