Chubb’s culture is defined by who we are, the behaviors we expect of each other, and what we reward and recognize.
Chubb has operations in 54 countries and territories and can help clients manage their risks anywhere in the world.
The company took its present form in 2016 when ACE Limited acquired the Chubb Corporation, creating a world leader in insurance.
Chubb Climate+ draws on our extensive technical capabilities in underwriting and risk engineering, bringing together Chubb units engaged in Renewables, Alternative Fuels, Climate Tech, and Risk Engineering services.
At Chubb, we recognize our responsibility to provide solutions that help clients manage environmental risks, to reduce our own environmental impact and to make meaningful contributions to environmental causes.
Chubb has developed a series of accelerator programs around the world designed for women at all stages of their career.
The path towards racial justice and equity is both an individual journey and collective duty.
Building and advancing a fair, equitable and inclusive workplace is a journey that requires commitment and action.
Guided by steady leadership and a commitment to the highest levels of personal and professional integrity.
Farmers and landowners across the UK are turning their land into sources of renewable energy. By putting up wind turbines or solar panels, they’re saving on energy costs, establishing a new revenue stream, and reducing carbon emissions.
Let’s say a British farmer or developer wants to erect a handful of wind turbines on her property. An early obstacle is navigating the often-complex process of buying insurance. Today, those taking on a renewable energy project may have to piece together an array of policies from a variety of carriers. Companies may specialize in certain types of coverage but have a limited appetite for others. The process gets even more complicated when you consider the number of potential insured parties, from lenders to contractors, to consultants. A single project might end up with a complex web of numerous insurance policies with multiple carriers. The challenge of piecing together insurance coverage is a major hurdle for that British farmer or developer hoping to get her wind energy project off the ground.
These projects will soon have a one-stop shop for meeting their insurance needs: a Renewable Energy Package policy from Chubb. Launching in the UK in April 2023, this tailor-made solution combines core coverage terms that undertakers of renewable energy projects typically must purchase piecemeal. That includes material damage to the site during construction, operational delays due to physical damage, loss or damage to goods in transit, and damage resulting from unexpected pollution incidents.
The British farmer’s wind turbine project would start with a policy for the construction phase, typically lasting 12 to 18 months, then automatically roll over into a first-year operations policy. From there, the policy would become renewable annually.
Chubb is uniquely positioned to offer this multi-faceted solution, drawing on its extensive experience insuring renewable energy assets around the globe, from hydro plants to wind projects. The company is bringing together its expertise across lines of business to create a powerful, streamlined package designed for those embarking on small and medium-sized renewable energy projects. From breaking ground through becoming fully operational and beyond, the Renewable Energy Package policy makes it simple to buy insurance for solar and wind farms with a single carrier.
With easy access to a custom-built insurance package, the British farmer can establish a wind farm that powers her home, sell energy to the grid, and support the UK’s transition to a carbon-neutral future. Over the next five years, the world is expected to add as much renewable energy capacity as it did over the past two decades. Small and medium-sized solar and wind plants will be key to building a new generation of energy resources. Chubb’s Renewable Energy Package is one way to make the journey as smooth as possible.