Chubb

Helping protect what matters most.

established in 1882
  • AM Best Rating A++
  • Affirmend 2024
Chubb Background

Learn about Chubb

Chubb is one of the world's leading property and casualty insurance companies, known for providing insurance solutions for homeowners, families, business owners, and individuals with more complex insurance needs. With a reputation for financial strength, comprehensive coverage options, and exceptional claims service, Chubb is often chosen by clients seeking protection beyond what a standard insurance policy may provide.

Chubb offers a wide range of insurance products, including homeowners insurance, automobile insurance, umbrella liability coverage, valuable articles insurance, boat and yacht insurance, and specialized protection for unique assets. Many policyholders appreciate Chubb's attention to detail, customizable coverage options, and commitment to helping clients recover quickly when a loss occurs.

As an independent insurance agency, Springer Insurance works with multiple insurance companies, including Chubb, to help clients compare options and determine which carrier best fits their individual needs. Chubb may be an excellent choice for homeowners with higher-value properties, clients seeking enhanced liability protection, or individuals looking for specialized coverage for valuable possessions and unique risks.

If you're interested in learning whether Chubb is a good fit for your insurance needs, our team can review your current coverage and help you explore available options.

Chubb Insurance in Virginia

Springer Insurance helps individuals and families throughout Midlothian, Richmond, Chesterfield, South Hill, Keysville, Farmville, Williamsburg, and surrounding Virginia communities explore Chubb insurance solutions. Whether you're looking for homeowners insurance, auto insurance, umbrella coverage, yacht insurance, or protection for valuable possessions, our licensed agents can help determine whether Chubb is the right fit for your situation.

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Insurance Products Offered

History

Chubb traces its history to 1792, when investors met at Independence Hall in Philadelphia to organize the Insurance Company of North America (INA), the first stock insurance company in the United States. .

The origins of the Chubb Corporation date back to 1882 when Thomas Caldecot Chubb and his son Percy opened their marine underwriting business in the seaport district of New York City.

ACE Limited was established in 1985 in response to an availability crisis in the U.S. insurance marketplace for excess liability and directors and officers insurance coverage. Recognizing the need, a handful of forward-thinking pioneers helped form a consortium and pool the capital to create a new kind of insurance company. Those founding sponsors constituted an impressive list of 34 blue-chip companies from a broad range of industries, including health care, pharmaceuticals, manufacturing, transportation, utilities, oil and gas, banking and the automotive industry.

From its inception through the 1990s, ACE grew rapidly through product diversification, strategic partnerships and acquisition. A true turning point for ACE was its 1999 acquisition of Cigna Corporation’s international and domestic property and casualty business, the Insurance Company of North America (INA). The acquisition gave ACE an instant global network and simultaneously transferred INA’s 200-year history to the company.

In the following decade and beyond, ACE progressed on its path of growth and international expansion organically and via strategic acquisition. During that time, ACE fostered its reputation as a superior underwriting company that delivered exceptional service through an unparalleled global network.

Strength

AM Best Rating A++
Affirmed 2024

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. The company is 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 employs approximately 40,000 people worldwide.

The insurance claims process can sometimes be, well, a process. At Chubb, it's different. That's because we're not just in the insurance business, we're in the people business. Our experienced claims specialist are relentless about every detail in the most personal way possible, whether you have a business, homeowners or auto policy.

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Insurance Terms to Know

Manuscript Endorsement

A manuscript endorsement is custom policy wording written for a specific insured or situation.