With this program, you can access primary casualty insurance with multiple risk management buyers using a single captive reinsurer.
Coverage Highlights
Benefits
- Financial strength: Chubb consistently receives among the highest ratings from the industry’s principal rating agencies
- Underwriting team experienced in captive programs
- Superior claims handling via ESIS®, Inc. or other approved third party claims administrators
- Creative application of tailored coverage to meet specific needs
- Best practices with supported and documented stewardship processes
- Adherence to National Service Standards for consistent, accurate delivery of policies; program documentation; and ongoing administration, inception through audit and adjustment
- Willingness to explore and support additional client-specific service needs
- Ready access to Chubb senior underwriters and credit management
- Accommodation of non-captive primary casualty lines in the overall program
- Gateway to broader Chubb product offerings and global capabilities
- Elite access to Worldview®, our award-winning application for policy management
Coverage & Limits
- Primary casualty lines (AL, GL, WC)
- Statutory capacity for workers compensation
- Capacity of up to $5,000,000 for general and automobile liability
Minimum Size
- $2,500,000 Gross Written Premium
- $250,000 per occurrence Captive Retained Amount
Client Profile
- Established captive programs (5+ years) with “consolidated” loss/exposure data
- Stable with no significant turnover of membership
- Smaller number of insureds (preferably 20 or fewer), with homogenous, affiliated or integrated organizations
- Currently utilizing or poised to implement a commonly-owned captive reinsurance program for risk retention
- Common effective date for all insureds
Contact
Scott Conrad
415-547-4421
Scott.conrad@chubb.com
Insurance provided by ACE American Insurance Company and its U.S. based Chubb underwriting company affiliates. All products may not be available in all states. This communication contains product summaries only. Coverage is subject to the language of the policies as actually issued. Surplus lines insurance sold only through licensed surplus lines producers.
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com.