Inland Marine

Engineered Risk Insurance

Chubb offers nationwide coverage for a variety of large civil projects involving U.S. transportation and utility infrastructure.

Coverage Highlights

Benefits

  • Straightforward, easily readable coverage form
  • Individually tailored polices to address your specific risks
  • Highly experienced underwriting staff, licensed professional engineers
  • Significant capacity for catastrophe exposures, e.g., earthquake, flood, wind and terrorism
  • Variety of fee-based risk control services avaialble, performed by licensed engineers under separate vendor agreement to support a policyholder’s risk management program
  • Participation in the ground-up primary layer; will consider excess or quota-share approaches to respond to client needs

Coverage

  • Nationwide property coverage for large civil projects involving U.S transportation and utility infrastructure
  • Total insured values for individual programs can vary greatly, with some totaling several billion dollars spread out over a number of locations
  • Coverages include property damage, business interruption/loss of revenue, debris removal, and more
  • Most common risk covered is property with revenue generating capacity, but coverage is not limited to these types of risks

Target Client

  • Bridge and tunnel authorities
  • Civil works and other infrastructure property
  • Container cranes
  • Dams
  • Turnpike authorities
  • Ports: piers & equipment
  • Railroad and airport authorities with separately insured bridge and/or tunnel exposures
  • Utility pools