Property and Package

Property

Medium to Large companies, incl. finance/insurance, real estate and property owners, airports, machinery and engineering, manufacturing, modern sports and concert stadia or arena, professions and administrative services, modern city centre hotels, healthcare, transportation, equipment manufacturers and highly protected risks. (no thank you to agriculture, waste & woodworking).

• Capacity up to USD 500M depending on trade and construction
• Can offer 100%, Lead, Excess of Loss, Follow Lines
• Indigenous or Multinational
• PD / BI/ Money / Terrorism / Global Terrorism
• Minimum premium monoline GBP 20,000 offline, flexibility on the right risk, and 2,000 online/ignite
• Risk Engineering Services and Advice

Package

• Chubb can quote and bind on either a mono-line or package basis
• No difference in risk appetite between mono-line and package
• Minimum package premium of GBP 20,000+IPT offline, £2,000 plus IPT Ignite
• Chubb Property and Master Package wordings are Conditions Precedent and warranty free-across offline and Ignite
• Can be written on indigenous (online or off) or multinational basis (offline only) with very similar wordings
• Significant extensions and benefits of cover including Chubb flex and Chubb basket marine and kidnap and ransom cover. Legal expenses via ARAG also available on the indigenous wording

Where we are successful:

• Larger Indigenous Risks
• Multinational
• Where we get full COPE/Survey Information
• Long Lead in time/Pipeline in advance
• Capacity Required -Lead, Excess of Loss, Follow
• Discussion with Broker in advance of sending in submission