Company Overview Visit chubb.com website
Chubb is an international company, with headquarters in Zurich, Switzerland.
It is the world's fourth-largest insurer measured by revenues and market capitalization which is around $15 Billion (USD). It has more than 88 million clients across 180 countries worldwide.
Chubb provides insurance to corporations, individuals, and multi-national corporations, through its subsidiaries Chubb.
This includes over 1 billion dollars in underwriting income. This corporation is considered the largest privately held firm in America which makes it one of the most successful private companies in history. Chubb focuses on providing property and casualty insurance along with professional liability insurance.
The company was founded in 1882 when Chubb traveled from England to America following his father's death for work, he found employment at Philadelphia's Centennial Exposition.
The first Chubb operated office opened in 1883 on New York City's Pine Street by Charles E. Chubb, who had been working for the London-based insurance company Lloyd's of London since 1870 as a marine underwriter. The firm focused on "marine" business (coverage related to ships and their cargoes), which was followed by fire insurance starting in 1887 with an office in Chicago, Illinois.