High Excess Insurance from London and Dublin

Excess Liability

  • Access to the Chubb global network
  • UK regulated operations with ability to write admitted business across the EEA
  • Excess and surplus lines eligible in the United States
  • Three main products offered: Occurrence First Reported Form, Punitive Damages Wrap, Claims Made Follow Form and Occurrence Follow Form

When you’re seeking excess liability protection, you need a strong and reliable partner. Chubb Bermuda International provides catastrophe excess liability insurance to  large, global companies that are incorporated outside of North America.

Coverage Highlights

Occurrence First Reported Forms

Our core product is the Occurrence First Reported Form, which provides catastrophe excess liability insurance and is offered to all industry classes. Coverage highlights include:

  • Broad insured definition
  • Broad Time Element Pollution coverage - blended pollution coverage optional with 20/80 knowledge / reporting feature
  • Broad integrated occurrence coverage - unique feature that allows multiple losses with a common cause to be aggregated together to erode the attachment point and limits (subject to maintenance retention to eliminate expected losses)
  • Optional Reinstatement of aggregate limits
  • Affirmative Punitive damages
  • Professional errors and omissions for bodily injury liability
  • Industrial aid aircraft and aviation fuel
  • Workers compensation/employers liability
  • Broad personal injury definition (including discrimination)
  • Watercraft, as scheduled
  • Secondary non-automotive products recall
  • Discovery coverage at pre-agreed scheduled pricing
  • Ability to offer aggregate drop down
Limits / Attachments
  • Maximum Limit: US $150 million / Euro 112.5 million / £75 million
  • Minimum Attachment: US $100m / Euro 75m / £50m risks with material North American exposure
  • Minimum Attachment: US $50m / Euro 37.5m / £25m for other risks 

Claims Made Follow Form

Chubb Bermuda International  will follow selected Claims Made underlying wordings and can provide capacity to a diverse range of industry classes.

Coverage Highlights
  • Ability to offer aggregate drop down
Limits/Attachments
  • Maximum Limit: US $100m / Euro 75m / £50m
  • Minimum Attachment: US $100m / Euro 75m / £50m risks with material North American exposure
  • Minimum Attachment: US $50m / Euro 37.5m / £25m for other risks

Occurrence Follow Form

Chubb Bermuda International provides Occurrence Follow Form capacity to selected Industry classes only including those with limited product latency exposure such as light manufacturing, finance, real estate, insurance, retail, wholesale, transportation, utilities and services.

Limits / Attachments
  • Maximum Limit: US $70m / Euro 50m / £35m
  • Minimum Attachment: US $100m / Euro 75m / £50m risks with material North American exposure
  • Minimum Attachment: US $50m / Euro 37.5m / £25m for other risks

Punitive Damages Wrap

Chubb Bermuda International offers affirmative punitive damages cover as a 'wrap' of Chubb North America casualty policy, up to $50m in aggregated wrap.

Contact

Excess Liability Team

Stephen French
Chief Underwriting Officer
Chubb Bermuda International
Chubb Building
100 Leadenhall Street
London EC3A 3BP
United Kingdom
Telephone: +44 (0) 20 7173 7926
Email: stephen.french@chubb.com

 

Chubb Bermuda International is a trading name of Chubb European Group Limited registered number 1112892 registered in England & Wales with registered offices at 100 Leadenhall Street London EC3A 3BP. Chubb Bermuda International’s insurance products are provided by Chubb European Group Limited. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Full details can be found online at https://register.fca.org.uk.