Chubb
www.chubb.com
500 Park Boulevard, Suite 600
Itasca, IL 60143
Susan C. Waltermire, Vice President/Branch Manager
Phone: (630) 875-6002
Fax: (630) 875-6060
swaltermire@chubb.com
Percent of business in Illinois by line:
65% Commercial (includes Standard Commercial and Specialty Lines), 35% Personal
Are you currently appointing new agents? Yes. Chubb makes an average of three to five appointments in the state per year.
What type of agency is your company looking for? Established agencies with experienced producers. We look for agencies that have a strategic plan in place to grow their book of business in standard commercial, specialty insurance or high-end personal lines. Agents seeking a new appointment should contact Greg Tazic, Illinois Branch Marketing Manager, (630) 875-6057 or email him at gtazic@chubb.com.
What are your premium volume requirements? A $1 million commitment in 18 months, but we will work with agencies on those volume commitments contingent upon agency size and target appetite. For personal lines only appointments, Chubb encourages agents to use Chubb Access as an entrée into securing a contract.
Are you currently doing any niche-marketing program? Personal auto, valuable articles, yacht, mono line boiler, employment practices liability, mono line umbrella
What is your company's most aggressive line of business? D&O for private companies, financial institutions, specialty markets, package business, and personal lines (auto, yacht, collector vehicles, and valuable articles).
Do you use credit scoring? No.
Do you currently download/upload with your agencies? Yes, Chubb uploads with agents.
What do you think makes your company different, or stand out from all the rest in Illinois? Why would an agent want to contract with your company? Chubb earns the highest possible rating (A++) for financial strength from A.M. Best and receives high ratings for financial strength from Standard & Poor’s (AA) and Moody’s (Aa2). Chubb is consistently rated among the highest U.S. insurance carriers for quality of service in the Goldman Sachs U.S. Research Survey of insurance agents and brokers. Chubb has earned a reputation for providing first-rate customer service to its customers and is committed to providing claims handling services in a fair, empathetic and expedient manner. Chubb can offer personal lines customers value-added services such as in-house appraisals, Masterpiece Manager (an online system for cataloguing valuable articles and collectibles) and more coverage choices and higher limits than standard insurance policies. Specialty coverages such as political risk, clinical trials liability, employment practices liability and executive protection packages are also available. With more than 120 offices in 28 countries, Chubb can serve its customers where ever they do business.
What methods do you use to distribute your insurance products? Directly through independent agents and brokers. In addition, Chubb offers independent agents and their customer select commercial lines products via a secure Internet Web site.
Additional Comments: Chubb provides a wide array of insurance products and offers underwriting expertise in all of these areas: