Chubb Benchmarq®

An exciting new offering for lower middle market retail businesses

Benchmarq

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.

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.

Why Chubb?
Why Chubb?

Benefits of Chubb coverage

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?

Speak to a broker today.