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Climate Progress Needs Protecting

By taking on a wide-range of climate-related risks, and through our Resilience service offerings, Chubb Climate+ is helping companies transition to a low-carbon economy.

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OVERVIEW

Chubb Climate+ is a global practice that spans across all major industries in the world, with a goal of enabling climate change progress in a meaningful way.

The business unit provides insurance products and services to businesses engaged in developing or employing new technologies and processes that support the transition to a low-carbon economy, from early-stage innovators to multinational corporations. Chubb can scale to meet the growth and needs of these unique risks – however complex.

Key Highlights

Chubb Climate+ is innovating to meet the challenges of a changing world.

  • 20+ years’ experience protecting renewable energy businesses and 10+ years protecting Climate Tech.
  • Expanded Natural Resources insurance capabilities that include shared and layered property coverage for upper middle-market companies.
  • Currently underwriting risks for a third of the Global Cleantech 100 companies.
  • Expert risk engineering to understand your company's complex needs.  
  • Global presence in 54 countries and territories.
  • Embedded offerings in Major Accounts, Commercial Insurance, Westchester, Bermuda, and specialty lines.
  • Insuring climate-related businesses to protect against not only present risks, but those existing in the future.
  • Scalable and modular insurance products that can grow with you over time, whether you are a start-up or global operation.

Pioneering Climate Solutions

Renewables

  • Solar 
  • Wind
  • Battery energy storage
  • Biogas to power
  • Fuel cells
  • Geothermal
  • Other emerging technologies

Alternative Fuels

  • Biofuels
  • Renewable natural gas
  • Synfuels
  • Hydrogen

Climate Tech

  • Built Environment
  • Alternative Materials
  • Food and Agriculture
  • Renewable Energy and Alternative Fuel Manufacturing
  • Carbon Capture
  • Transport and Mobility
  • Battery Energy Storage

Learn more about Insurance for Climate Tech Companies



Our Services

World Class Service Offerings

Global Network of Risk Engineers

Our team offers risk consulting and loss mitigation services to identify exposures and minimize loss and downtime.

Education and Training

Clients and brokers can access the Chubb Risk Engineering Center for loss mitigation training.

World-Class Claims Team

2,100 specialized claims professionals serving North American clients.

Case Studies

Protecting a midstream company against extreme weather events

Chubb’s expertise and risk assessment tools helped the company make critical changes.

Tracking the sun – minus the exposures

Chubb helped protect a fast-growing solar tracker company against product and software failure.

Harnessing the winds at the climate frontier

Chubb provided multinational solutions to a consortium of European and American partners constructing an offshore wind farm.

Chubb Climate+ in action

Demystifying climate tech

Our team of specialty climate tech underwriters is developing underwriting products, tools, and resources to help companies get the right insurance.

Deepening and deploying risk expertise on the road to net zero

Climate change and the transition toward net zero poses a new suite of challenges and opportunities for companies.

Business continuity on steroids: Risk management for climate change resilience

The goal of Chubb’s physical risk assessment (PRA) is to help identify the future effects of climate change for a business, and to enhance their preparedness.

Climate+ in North America
Climate+ in North America

Why Chubb?

  • Underwriting expertise
  • Tailored solutions
  • Risk engineering services
  • Superior claims service
  • Global reach
  • Financial strength

To learn how Chubb Climate+ helps businesses navigate complex climate challenges, contact us.


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Note: The claim scenarios described here are intended to show the types of situations that may result in claims. These scenarios should not be compared to any other claim. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law. Facts may have been changed to protect privacy of the parties involved.