Chubb
The world's largest publicly traded property and casualty insurance company.
Overview
Chubb is a major global insurance provider that offers specialized builders risk insurance solutions for a wide array of construction projects. Their offerings cater to both commercial and residential contractors, covering everything from single dwellings to large, complex infrastructure projects like bridges and tunnels. They provide coverage through a network of independent agents and brokers.
✨ Key Features
- Individual Project and Master Builders Risk Programs
- Coverage for both physical damage and delay in opening
- Specialized coverage for homebuilders
- Capacity for large and complex projects
- Risk engineering and loss control services
🎯 Key Differentiators
- Strong financial capacity for very large projects
- Global reach and expertise
- In-house risk engineering and claims handling services
- Broad appetite for complex risks
Unique Value: Offers unparalleled financial strength, deep underwriting expertise, and global capabilities to handle the most complex and large-scale builders risk insurance needs, backed by robust risk engineering services.
🎯 Use Cases (4)
✅ Best For
- Providing builders risk insurance for commercial, residential, and engineering construction projects.
- Offering master programs for contractors with multiple ongoing projects.
- Covering specialized risks like delay in opening and water damage during construction.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Direct-to-consumer online purchasing
- Small contractors looking for on-demand, short-term coverage
🏆 Alternatives
Compared to smaller carriers or MGAs, Chubb provides higher capacity, a broader range of specialized coverages, and integrated risk management services, making them a preferred choice for enterprise-level construction projects.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Through Broker tier)
🔒 Compliance & Security
💰 Pricing
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