23 August 2016 – Chubb announced today substantial enhancements to the Mobile Plant & Equipment (Mobile P&E) cover in Australia with the addition of general liability within the package.
Brokers can now access this product with all the features clients are likely to require including property damage, increased costs of working, loss of income, registered machine liability and general liability.
John French, Chubb Country President for Australia and New Zealand, said: "In addition to adding general liability, we also took the opportunity to broaden the coverage and benefits. It makes it easy for brokers to deliver a total Mobile P&E solution to clients".
Backed by Chubb Australia’s AA- financial strength and claims excellence, this Mobile P&E package is a market leading solution.
This enhancement to the product portfolio is a part of a commitment to provide a broader range of Chubb products to the Australian market.
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, 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 and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: new.chubb.com.
Robin Moore: (+61) 2 9335-3343; firstname.lastname@example.org
ACE Insurance Limited, A Chubb Company
28 O’Connell Street
Sydney NSW 2000