Chubb Ltd Expands Insurance Lines to Include Mid-Size Contractors

March 22, 2016

Chubb Limited, one of the largest property and casualty insurers in the country, announced it is expanding its construction industry products to include midsize construction firms.

Tailored coverages that had been limited to large and international firms are now available to mid-size construction businesses including general contractors, trade contractors, specialty contractors, environmental contractors, commercial renewable energy contractors (solar, wind and biofuel), wrap-ups, general liability-only projects, construction managers, design and design/build professionals, architects and engineers, and other construction project-specific firms.

Chubb insurance products for the middle market construction industry include:

  • Primary casualty
  • Commercial umbrella liability
  • Environmental risk
  • International casualty
  • Contractor's professional liability
  • Contract surety
  • Contractor's equipment
  • Inland marine and aerospace
  • Specialty casualty construction and inland marine.

The company's Commercial Builder's Risk Solutions product, which was previously available to midsize construction firms through Ace Ltd. and Chubb Corp. before their merger, will continue to be offered.

All products may not be available in all states or for all classes, and surplus lines products are available only through licensed surplus lines producers.

For more information, go to Chubb Group