Wholesalers and distributors play a vital role in the supply chain of the North American economy between manufacturers and retailers and commercial, institutional, and government end users. The market segment accelerates growth via greater use of technology and expansion into new and foreign markets. Chubb understands the risks that are unique to this segment, and we can proactively help wholesalers of all sizes navigate risk and thrive in today’s changing economy.
In addition to coverage for large, multinational companies, Chubb covers small and midsize businesses with three package policy options — Business Owners Policy (BOP), Benchmarq, and Customarq. Each combines property, business income, and general liability insurance, and can be tailored for your specific exposures.
Protect your small business with this customizable insurance package policy. It offers a combination of property, business income, crime, employment practices liability, cyber, and general liability coverages, as well as the ability to add supporting insurance solutions specifically tailored to your small business needs.
Designed to be scalable for small to midsize businesses, Benchmarq is a flexible, customizable package including property, business income, and general liability insurance. Featuring enhanced base coverages that are broader than the industry standard, Benchmarq makes it easy to add protections as your business grows or risks evolve.
Our proprietary package product offers midsize businesses property, business income, and general liability insurance with a wealth of options to suit your needs. Customarq’s modular approach provides unmatched flexibility to protect against global exposures and industry-specific perils, and to quickly respond to emerging and evolving risks.
Chubb Provides Rapid Coverage for Fire Damage Incident
A fire loss that resulted in damage to machinery. The incident occurred when an employee flipped a light switch and a bulb fell from a 20 ft. high fixture, shattering and triggering the fire that damaged the machinery. Subrogation was pursued against the light bulb manufacturer, but no manufacturing defect could be determined since the bulb shattered.
Chubb responded efficiently to the incident and settled the claim.
Chubb Swiftly Covers Damages from Compressor Explosion
A 35-year-old compressor was loaned to a customer, but an unexpected incident occurred when the compressor exploded. A fire started that damaged the insured’s building and contents.
Chubb stepped in and resolved the claim quickly.
Wholesaler distributors play a vital role in the supply chain of the North American economy between manufacturers and retailers and commercial, institutional, and government end users.
We have the appetite, specialized expertise, insurance products, and services to help agents like you write more business and help protect your clients’ operations.
Realizing the power of the team. Finding comprehensive coverage for a collection of risks.