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Transcript of Marine Insurance - Chubb · PDF fileMarine Insurance: radition o Creative Solutions Marine...

  • Marine Insurance:A Tradition of Creative Solutions

    Marine Underwriting at Chubb

    Chubb has established a reputation for integrity, innovation and expertise. With local marine underwriters in nearly all major North American cities, we combine local attention and understanding with a global reach.

    Inland Marine

    Chubb is a leading provider of Inland Marine insurance solutions, offering expertise and significant capacity to help meet the specialized needs of contractors, infrastructure owners, museums, logistics companies and more. Available services and solutions include:


    Offerings include:

    Commerical Builders Risk Residental Builders Risk Contractors Equipment Installation floaters

    Chubb provides protection for projects, with a variety of policy options and tailored features. Chubbs appetite includes all types of projects from simple

    additions to owned buildings to coverage for some of the most complex structures in the world.

    Engineered RiskChubbs broad, flexible coverage is designed to meet the unique insurance needs of large civil projects involving transportation and utility infrastructure including:

    Bridge and Tunnel Authorities Ports, Piers & Equipment Dams Turnpike Authorities Container Cranes Civil works and other infrastructure


    Inland Marine FloatersChubb delivers more than 40 specialized products for unique exposures, plus a willingness to tailor solutions to specific needs.

    Agricultural Equipment Equipment Dealers Fine Arts Leased Property Motor Truck Cargo Legal Liability Musical Instruments Scientific Instruments Warehouse Legal Liability

  • u*writerSM on @chubbu*writerSM is an interactive underwriting system that enables agents to submit, rate, obtain a quote, bind, issue and service risks. Available 24/7 through our @chubb platform, u*writerSM allows agents to provide better, faster service, offering instant proof of insurance for an accepted submission.

    Commercial Builders Risk Residential Builders Risk Contractors Equipment Motor Truck Cargo

    Ocean Marine

    Ocean Marine includes a variety of offerings ranging from worldwide transit and storage offered on our Ocean Cargo policy, Hull and Protection & Indemnity Insurance for owned vessels, multi-line coverage for Marina and Yacht Clubs to Marine Liability coverage for commercial maritime exposures.

    Ocean CargoChubbs Ocean Cargo solution encompasses insurance for general commodity cargos to complex project cargos. Chubbs industry-leading policy offers multiple advantages to address the needs of:

    Importers and exporters Manufacturers and distributors Wholesalers and retailers Logistics providers, including ocean

    cargo carriers

    Marinas and Boat DealersPolicyholders can manage their risk exposures with Chubbs superior expertise in the marine industry, including package offerings for marinas paired with outstanding claims handling and flexible coverage solutions. Coverages include:

    Packaged Marine Coverage: Property, including business

    interruption and docks General Liability, including products Inland marine coverage

    Specialized Marine Coverage: Boat Dealer Coverage Marina Operators Legal Liability Protection & Indemnity Owned and/or rented watercraft Workers Compensation (including USL & H) Commercial Automobile Bumbershoot (Umbrella) Coverage Vessel Builders Risk Coverage for Environmental exposures

    Marine LiabilitiesTerminal operators, charterers, ship yards/repairers, marine contractors and stevedoring operations seek to protect against risks that can impact their corporate assets. Businesses can minimize their exposure with Chubbs Marine Liability Insurance, designed to address the unique needs of this segment of the North American marine market.

    Hull and Protection & IndemnityChubb provides comprehensive marine insurance for inland and coastal commercial vessel operators. Our marine claim and recovery experts work collaboratively with our underwriting team to identify loss trends and industry conditions to ensure the most appropriate coverage for our customers.

    Coverage available for:

    Passenger vessels, including excursion,ferry charter boats

    Oceanographic research vessels,construction

    Barges, including deck, hopper, tank andconstruction

    Builders Risk coverage

    Cargo CertificatesFor import/export documentation requirements, Chubb offers Certificate Issuance programs to help simplify and automate the process. These are available 24/7 for emergency shipments or for Insureds with shipping locations around the world.

    Risk Engineering Services

    Experienced loss control and engineering specialists are available as a resource to risk managers to assess risk, analyze productivity and develop solutions for improvement.

    Chubbs Marine Risk Management team is able to provide Risk Assessment and Loss Analysis leading to the development of cost-efficient and commercially viable loss prevention solutions. With our Global network of Marine Specialists, we can effectively communicate and deliver loss control services.

    Marine Claims

    Chubb has demonstrated experience with the construction industry and other inland marine type losses.

    Our designated Marine and Transportation claims professionals are key to our Marine success at Chubb. Chubbs marine claims unit has experience in handling ocean cargo, storage, transit losses and subrogation occurring around the world.


    Chubb is the marketing name used to refer to subsidiaries of Chubb Limited, providing insurance and related services. For a list of these subsidiaries, please visit our website, Insurance is provided by ACE American Insurance Company and its U.S. based Chubb underwriting company affiliates. All products may not be available in all states. Loss control evaluations, reports, recommendations and services are made solely to assist the insurer in underwriting and loss control and are not to be construed as an added benefit for the insured, property owner or any other party (this may not apply if loss control services are purchased separately and specifically pursuant to a service agreement). Evaluation for any hazard or condition does not imply that it is covered under any policy. Chubb is the worlds largest publicly traded property and casualty insurance group. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to adverse group of clients. Chubb Limited, the parent company of Chubb, is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Copyright 2016 04-01-0106 (Rev. 11/16)

    For more information on marine insurance, please contact your local agent or visit