Chubb Benchmarq®

An exciting new offering for lower middle market Wholesale businesses

Benchmarq

Industry-tailored coverage for wholesale businesses

 

Chubb Benchmarq offers ‘big business’ cover, right sized for wholesale 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 wholesale 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 increases
  • Change in temperature
  • Hired in plant or equipment
  • Specified property in open air
  • Research and development property
  • Indirect supplier – Australia
  • shipping container and flat racks
  • Delayed underpacking
  • Deferred indemnity period
  • Boiler and pressure asset explosion
  • Machinery breakdown (optional)

 

            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:

 

  • Contractual liability cover
  • Vendors indemnity extension
  • US/Canada exports coverage
  • Indemnity to princpals and others
  • Sudden and accidental pollution 
  • Excess motor liability
  • E&O covers products and services
  • Optional product recall expense
  • Optional statutory liability
Who We Serve

Chubb insures many types of wholesale businesses, including:

  • Motor vehicle wholesalers
  • Beer and ale wholesalers
  • Farm supplies wholesalers
  • Meat and meat product wholesalers
  • Home furnishing wholesalers
  • Office equipment wholesalers
  • Jewellery, watch and precious stone wholesalers
  • Sporting and recreation supplies wholesalers
  • Plumbing and heating equipment wholesalers
  • Photographic equipment and supplies wholesalers
Why Chubb Benchmarq?

It's industry-tailored

Tailored for key industries, including automatic cover for certain risks such as Stock Seasonal Increase, contractual liability for Insured Contracts, as well as Trace and Access 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.