Chubb’s Umbrella & Excess Casualty insurance offers large, risk managed companies commercial umbrella and excess liability coverages to protect you against a broad range of critical risk exposures and catastrophic events. Chubb offers long-term claims-paying ability and innovative global solutions for a spectrum of industries.
Coverage Highlights
Benefits
- Broad appetite for risk
- Experienced umbrella and excess liability underwriters with high levels of authority and the flexibility to provide industry leading responsiveness and tailored coverage options
- Ability to write worldwide exposures and issue admitted paper globally
- Consistent underwriting and pricing throughout market cycles
- Industry leading terms for lead umbrella and excess policies
- Ability to use Chubb wording or broker manuscript
- Specialized claims expertise
- Chubb financial stability
Coverage
- Ability to schedule a wide range of underlying coverages
- Lead umbrella or excess liability insurance typically within the first $100 million
- Chubb Crisis Assistance for Excess and Umbrella offers a $300,000 aggregate limit or 3% of each occurrence limit shown of the policy (whichever is less). Coverage is automatically provided on all Commercial Umbrella insurance policies. Crisis Assistance enables a Chubb Insured to hire a pre-approved crisis assistance service provider for immediate assistance
Limits
Umbrella or Excess: up to $50 million
Target Client
Companies who have the following:
- $750mm or greater in annual revenue
- Industries that need financially sound capacity and competitive prices
- Place value on consistent underwriting and pricing
- Place value on expertise in claims handling based upon clear coverage forms
- US and International exposures
Client Profile
Broad appetite for domestic and multinational risks, including but not limited to:
- Manufacturing
- Resource sector
- Communications
- Real Estate
- Retailers and wholesalers
- Contractors