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Chubb Enhances Multinational D&O Claims Coordination

WARREN, NJ, April 23, 2010 - The Chubb Group of Insurance Companies has taken another step in realigning its multinational resources for customers. In response to evolving global market and regulatory trends, multinational directors and officers liability insurance claims will now be handled by Chubb's Multinational Claims Unit (MCU).

"Moving global D&O claims under the auspices of the Multinational Claims Unit enhances claims coordination and reporting for customers who insure international business risk and exposures through Chubb Multinational Solutions," said Kathleen Ellis, senior vice president of Chubb & Son and Multinational Solutions manager.

Chubb's MCU offers one convenient resource for multinational claims coordination and reporting, as well as access to Chubb specialists for property, casualty, foreign voluntary workers compensation and D&O claims. It features toll-free phone and fax emergency reporting capabilities 24/7, 365 days a year. The MCU is supported by translation services in more than 140 languages.

The MCU is a part of Chubb Multinational Solutions, which works through Chubb's international network of branches, affiliates and correspondent brokers to coordinate underwriting, claims and loss control for multinational customers. Previously, the insurer integrated its multinational D&O underwriting into Chubb Multinational Solutions.

"Chubb Multinational Solutions is committed to providing local expertise, products and services our customers need to conduct business in a global economy," said Ellis. "Addressing multinational D&O claims through our Multinational Claim Unit is an important step toward making it easier for our customers to manage their multinational business."

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. More information on Chubb is available at www.chubb.com.