This insurer has carved out a profitable niche covering the prized possessions of the wealthy, from luxury automobiles to fine art. Chubb also offers property/casualty insurance to companies. Its specialty in commercial insurance includes the lucrative executive risk business that offers professional liability policies to executives.
Other specialty commercial insurance includes policies written for marine, surety, and financial institutions. Although the United States accounts for more than three-fourths of
Chubb's direct business, developing its presence in foreign markets is an element in the company's growth strategy.