A NEW OPTION FOR BUSINESSES WITH EXPOSURES IN CHINA
China’s economic growth offers significant opportunities for domestic and multinational businesses. Yet with the country’s complex and evolving risk environment, companies require an insurance partner with broad product offerings, exceptional service capabilities and real-world, local knowledge to maximize the opportunities at hand.
For local Chinese businesses and multinational clients with exposures in China, Chubb Division at Lloyd’s China – the underwriting division within Lloyd’s Insurance Company (China) Ltd. specific to Chubb Syndicate 2488 – is that partner. Chubb Syndicate 2488 is a business of Chubb Global Markets, the London-based specialist wholesale division of Chubb Group, one of the world’s largest multiline property and casualty insurers.
EXTENSIVE PRODUCT RANGE AND HIGHEST STANDARDS OF SERVICE
With offices in Shanghai and Beijing, Chubb Division is led by seasoned local executives and staffed by professionals with expertise in underwriting, claims, risk engineering, marketing, policy issuance, and servicing complex multinational programs – all chosen because they meet Chubb’s exceptionally high standards. With Chubb Division, Chubb has direct control over servicing our clients’ business in China, so our clients and brokers can expect the same level of customer service and responsiveness in China that Chubb is known for around the world.
SUPERIOR CLAIMS MANAGEMENT
At Chubb, we put the dialog on claims where it should be – at the heart of the client relationship, throughout the lifecycle of the insurance contract. And Chubb Division is no exception.
Staffed by seasoned local professionals who have extensive experience managing Chubb’s domestic Chinese and multinational claims, Chubb Division controls all claims, adjustments and final decisions. Chubb Division’s claims relationship management is supported by consistent protocols and processes locally and globally. And when a claim occurs, we manage it consistently and accurately, and we resolve it efficiently.
A POWERFUL GLOBAL NETWORK AND STRONG FINANCIAL RATINGS
Chubb Division’s local professionals work in coordination with and leverage the capabilities of Chubb Group’s global and regional networks, putting the power of our entire organization at our clients’ side. What’s more, Chubb Division is backed by Lloyd’s ratings of A+ from Standard & Poor’s and A from A.M. Best, and is further backed by Chubb’s strong ratings.