Chubb Introduces New Workers’ Compensation System for Small Businesses
WHITEHOUSE STATION, N.J., March 20, 2017 /PRNewswire/ — A new online system from Chubb will help independent agents quote and issue a comprehensive workers’ compensation policy for small businesses.
«Our new workers’ compensation system is efficient and fully automated, making it easier for our agents to place and service small business accounts,» said Jim Williamson, Division President, Small Commercial Insurance, Chubb North America.
Chubb’s workers’ compensation policy for small business owners is designed to meet the needs of a wide range of industries, and includes the following coverage highlights:
- Provides coverage for small businesses with as few as one employee up to businesses with revenues of $10M
- Includes small business protection for medical expenses and lost wages to employees, providing security and peace of mind for employers
- Incorporates versatile coverage options including waiver of subrogation and various employer liability limits
- Easy, 24/7 automated system access with the ability to generate a quote and issue a policy in just minutes
When combined with Chubb’s business owner’s policy (Chubb BOP), Chubb’s workers’ compensation policy for small businesses provides customers an insurance solution with broad coverage and Chubb’s exceptional policy and claim service capabilities.
Williamson added, «At Chubb we understand that employees are a small business’ most valuable asset and are often like family. Our goal is to provide small business owners the confidence of knowing if an injury or illness occurs on the job, they’ll have the right coverage in place to ensure their employees, and their businesses, will return to normal as quickly and cost-effectively as possible.«
Additional information on Chubb Small Commercial Insurance workers’ compensation offerings can be found at chubb.com.
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at www.chubb.com.
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