Chubb Wins Family Wealth Report Award Based on Its High Quality Service And Deep Understanding of High-Net-Worth Customers

WARREN, N.J., March 16, 2015 /PRNewswire/ -- The Chubb Group of Insurance Companies has received the Insurance Solution award from the Family Wealth Report, a global daily newswire for the wealth and private asset management communities. This announcement follows news last month that Chubb received the Best High-Net-Worth Insurance Company award from Private Asset Management, another wealth management publication.

The Family Wealth Report award recognizes providers in the global private banking, wealth management and trusted advisor communities that the judges deemed to have "demonstrated innovation and excellence during 2014."  The panel of judges was drawn from both private banks and trusted advisors.

In announcing that Chubb was the winner in the Insurance Solution award category, Family Wealth Report Publisher Stephen Harris said, "Our winner is known for its high quality service, consultative approach, and its solid and consistent methodology. It also demonstrated a deep understanding of high-net-worth customers."

"We are delighted to have won a second award in two months from a respected publication in the wealth management community," said Kathleen Tierney, chief operating officer of Chubb Personal Insurance, who accepted the award. "This accomplishment is a testament to the leading role we play in helping protect high-net-worth individuals around the world. Chubb remains focused on serving the risk management and insurance needs of affluent and high-net-worth individuals—a market that we created more than three decades ago. In that time, we have seen competitors come and go, and today we remain the global leader because of our unwavering focus and the depth of expertise and extraordinary service we have built up."

Tierney said that, based on experience, research and relationships, Chubb has developed a keen understanding of the lifestyle of its clients. As a result, it is able to provide clients with services that help them manage their households, fine art and other valuable possessions, personal security and liabilities – virtually anywhere in the world. "You can try to duplicate the broad coverage we provide, but not necessarily the knowledge, service and relationships that come with experience and investment," she said.

Tierney added that Chubb has a history of forming long-lasting relationships with wealth managers, family offices, private bankers, legal counselors, insurance agents and brokers, and other trusted advisers who serve high-net-worth clients. "This enables us to work in tandem in developing a comprehensive and integrated plan to not only create wealth but also help preserve it," she said.

To cultivate additional and deeper relationships with trusted advisers, Chubb recently formed a Center of Influence practice. In addition, in partnership with The Wharton School of the University of Pennyslvania, Chubb created the Certified Advisor of Personal Insurance Program to help train high-performing agents and brokers on how to understand the needs and dynamics of high-net-worth individuals.  

ClearView Financial Media Ltd. was founded by Harris, its chief executive, in 2004 to provide high quality "need to know" information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the Family Wealth Report group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events program. With teams based in London, Singapore, Switzerland, South Africa and the Philippines, the company is one of the fastest-growing media groups serving the financial services sector.

About Chubb
Since 1882, members of the Chubb Group of Insurance Companies have provided property and casualty insurance products to customers around the globe. These products are offered through a worldwide network of independent agents and brokers. The Chubb Group of Insurance Companies is known for financial strength, underwriting and loss-control expertise, tailoring products for the needs of high-net-worth individuals and commercial customers in niche markets and select industry segments, and outstanding claim service.

The Chubb Group of Insurance Companies is the marketing term used to describe several separately incorporated insurance companies under the common ownership of The Chubb Corporation. The Chubb Corporation is listed on the New York Stock Exchange (NYSE: CB) and, together with its subsidiaries, employs approximately 10,000 people throughout North America, Europe, Latin America, Asia and Australia. For more information regarding The Chubb Corporation, including a listing of the insurers in the Chubb Group of Insurance Companies, visit www.chubb.com.

Contact: Mark Schussel
(908) 903-2107
Email: mschussel@chubb.com

SOURCE Chubb Group of Insurance Companies

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