An exciting new offering for lower middle market retail businesses
Industry-tailored coverage for retail businesses
Chubb Benchmarq offers ‘big business’ cover, right sized for retail businesses with revenue or declared values of up to AUD $50 million.
It offers comprehensive and industry specific commercial property and broadform liability coverage for retail businesses both small and large, providing the financial strength and high-quality claims service of one of the world’s largest property and casualty insurers.
Commercial Property Insurance
Broadform Liability Insurance
Industry specific coverage includes:
Stock seasonal increase
Money seasonal increase
Change in temperature
Specified property in open air
Indirect supplier - Australia
Delayed unpacking
Employee theft
Replacement with dissimilar property
Deferred indemnity period
Customers’ goods
Personal property of directors and employees – at & beyond the situation
Chubbflex
Additional Benefits
Exhibition, fair and tradeshow cover
Loss of metered water
Trace and access costs
Work-from-home equipment
Crisis management and public relations expenses
Public reward offers
Green star certification costs
Illegal dumping
Unauthorised use of electricity, gas or water
Industry specific coverage includes:
Property in the Insured’s Care, Custody and Control
Vendors indemnity extension
US/Canada exports coverage
Indemnity to principals & others
Excess motor liability
Sudden and accidental pollution
Optional errors & omissions (E&O)
Optional product recall expense
Optional statutory liability
Who We Serve
Chubb insures many types of retail businesses, including:
Agricultural and farming supply store
Auction houses
Beer, wine and liquor retail
Hairdresser and barber shops
Hardware and tools retail
Laundromats
Markets and bazaars
Newsagencies
Travel agencies
Toy retailers
Why Chubb Benchmarq?
It's industry-tailored
Tailored for key industries, including automatic cover for certain risks such as Stock Seasonal Increase, products exported to the US, as well as Crisis Management and Public Relations Expenses costs.
It's easy
Designed to be the right coverage for your client. It’s all taken care of in the policy wording, making insurance simpler for you and your clients.
It's fast
Provide fast quotes to your lower middle market clients within days via your dedicated Benchmarq underwriting team as a single point of contact.
Here are some key advantages of choosing Chubb:
Global reputation As a world leader in insurance, Chubb brings unmatched expertise and financial strength to provide comprehensive coverage.
Dedicated underwriting teams nationally
Faster turnaround times
Award-winning claims service
Industry specific covers and benefits
Broad underwriting appetite
Global expertise and financial strength
Contact us
Contact us
Ready to find out more?
Ready to experience Chubb's unparalleled comprehensive insurance solutions?
