Chubb Expands Its Business Crisis Response Network
WARREN, N.J., May 4, 2015 /PRNewswire/ -- The Chubb Group of Insurance Companies has added a leading global public relations firm to its network of independent crisis assistance service providers. Edelman has joined a list of three other providers that help Chubb's commercial umbrella customers manage major liability crises that could generate significant adverse media attention.
All Chubb-approved crisis assistance service providers have extensive experience in crisis communications management, security and related fields. They also include Sard Verbinnen & Co., The Abernathy MacGregor Group and Kroll. Customers may hire these firms or other consultants, subject to Chubb approval. Coverage for up to $300,000 in crisis management-related expenses may be available under Chubb's commercial umbrella policies.
"By adding Edelman to our network, we have expanded the professional resources immediately available to help our policyholders manage a crisis that develops anywhere around the globe," said Benjamin Rockwell, senior vice president and global excess casualty manager for Chubb Commercial Insurance. "When a major crisis occurs, a rapid but appropriate response is the imperative. A wrong step could lead to loss of market share, reputational damage and a demoralized workforce."
About Chubb
Since 1882, members of the Chubb Group of Insurance Companies have provided property and casualty insurance products to customers around the globe. These products are offered through a worldwide network of independent agents and brokers. The Chubb Group of Insurance Companies is known for financial strength, underwriting and loss-control expertise, tailoring products for the needs of high-net-worth individuals and commercial customers in niche markets and select industry segments, and outstanding claim service.
The Chubb Group of Insurance Companies is the marketing term used to describe several separately incorporated insurance companies under the common ownership of The Chubb Corporation. The Chubb Corporation is listed on the New York Stock Exchange (NYSE: CB) and, together with its subsidiaries, employs approximately 10,000 people throughout North America, Europe, Latin America, Asia and Australia. For more information regarding The Chubb Corporation, including a listing of the insurers in the Chubb Group of Insurance Companies, visit http://www.chubb.com.
Contact: Jodi Dorman
(908) 903-2608
Email: [email protected]
SOURCE Chubb Group of Insurance Companies
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