- Businesses
- Individuals & Families
- Partnerships
- Brokers
Chubb Climate+ spans major industries, with a goal of enabling climate change progress in a meaningful way.
Stack up your cyber protection with Chubb.
All Chubb cyber policyholders are eligible for cyber services. Get the most value from your Chubb policy and request access today.
In a complex world, Chubb’s support for multinationals and their brokers when choosing the right cover has never been more valuable.
Protecting all that makes your house, your home.
As one of the world's largest providers of jewellery and fine art insurance, you can count on our unparalleled service and expertise, offering some of the broadest protection available.
As pioneers of using in-house appraisers to help clients establish the value of their property, and mitigate the risk of loss, our appraisal service is a key reason why owners of fine homes and high value possessions around the world choose Chubb
Build your business by providing the protection your customers need – it’s insurance for the new possible.
The seamless, secure, and scalable engine behind new possibilities for your company and customers.
Travel insurance made easy.
Pension Trustee Liability for Financial Institutions
Risk Scenario
Who’s it for:
Chubb trustee indemnity insurance is ideal for these financial institutions:
- Global and domestic banks
- Building societies
- Asset and fund managers
- Insurance companies
- Clearing houses
- Stockbrokers
What is covers
Chubb’s broad cover protects your company and trustees for a many costs and claims
The cover will pay for:
- Costs of legal representation including defence cost
- Damages
- Judgements
- Other expenses
Trustees sued by pension plan members
When a stock surge took a pension account from a deficit position to one of surplus on the eve of transfer, members sued the trustees for failing to properly value the asset. Defence costs alone were estimated to be approximately £2 million with several weeks in court, and the final costs for the trustees were in the region of £5 million. Chubb coverage typically covers these kinds of defence costs and misadministration judgements.
FAQs
Financial institutions insurance provides coverage to asset management firms, banks and lending institutions, and insurance companies. Chubb offers financial institutions a broad range of customised, reliable protection.
Being in a highly regulated industry requires an investment in risk management and compliance. When banks and other financial institutions choose Chubb as their insurance partner, they benefit in many ways. We offer property and liability insurance for asset managers, banks and lending institutions; there are checks and balances for employee fraud, so avoiding reputational damage, regulatory scrutiny and loss of business. Clients also have access to regulatory compliance mock examination services.