- Bespoke cover for media liability, cyber, property,
terrorism, casualty and legal expenses
- Targeted at multinational, mid-market media companies and
consultants
LONDON, Nov. 14, 2023 /PRNewswire/ -- Chubb today
announced the launch of a new media insurance product for clients
in the United Kingdom. Alongside
the launch, Chubb has also rebranded its existing U.K. Technology
Industry Practice as the Technology and Media Practice to reflect
its new focus.
The media offering includes bespoke coverages comprising media
liability, cyber, property, terrorism, casualty and legal expenses.
All covers are optional and can be tailored to suit each client. It
also features several value-added services, including a free legal
advice helpline staffed by senior media lawyers. The product is
targeted at middle market and multinational media companies and
consultants operating in advertising, graphic design, public
relations, brand development and publishing, including newspapers,
magazines, radio and television.
The expanded team will see media sit alongside Chubb's growing
book of technology business which covers a broad range of risks and
is targeted at companies involved with software development,
internet and communication services, emerging technology and
technology manufacturing.
In line with Chubb's other U.K. industry practices – Life
Science, Real Estate and Climate Tech - the Technology and Media
offering is backed by an enhanced proposition that includes
specialist underwriters with deep industry knowledge, risk
engineering and claims specialists, all underpinned by Chubb's
global presence and local knowledge – and all in one client-focused
proposition.
The Technology and Media Practice will be overseen by
Louise Joyce, Head of Industry
Practices for EMEA, with Alex Smith,
Technology and Media Industry Practice Leader heading a bespoke
underwriting team.
Louise Joyce said:
"The launch of our new media product and the rebranding of our
Technology and Media Practice demonstrates our commitment to this
fast-growing sector. Chubb has a successful track-record of working
with customers within the media industry and has developed a
comprehensive understanding of their needs. As this industry
continues to grow and becomes increasingly specialised we want to
better enable businesses operating in this sector to withstand some
of the many and varied challenges they may face."
About Chubb
Chubb is the world's largest publicly
traded property and casualty insurance company. With operations in
54 countries and territories, Chubb provides commercial and
personal property and casualty insurance, personal accident and
supplemental health insurance, reinsurance and life insurance to a
diverse group of clients. As an underwriting company, we assess,
assume and manage risk with insight and discipline. We service and
pay our claims fairly and promptly. The company is also defined by
its extensive product and service offerings, broad distribution
capabilities, exceptional financial strength and local operations
globally. Parent company Chubb Limited is listed on the New York
Stock Exchange (NYSE: CB) and is a component of the S&P 500
index. Chubb maintains executive offices in Zurich, New
York, London, Paris and other locations, and employs
approximately 40,000 people worldwide. Additional information can
be found at: www.chubb.com
Logo -
https://mma.prnewswire.com/media/324916/4403205/Chubb_Logo_v2.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/chubb-launches-new-media-product-for-uk-301987436.html