Chubb enhances casualty policy wording

Chubb announced that it has enhanced its casualty policy wording for businesses in the UK and Ireland, as it continues to expand its offering in this key business line.

The enhanced wording is designed to meet the needs of UK and Ireland businesses of all sizes, from small and medium-size businesses, through to middle market and larger companies, including multinationals. It includes a number of significant new extensions, including for data breach and cyber attacks as well as for crisis response, with annual aggregate indemnity limits of GBP100,000 for both.

Mark Roberts, UK and Ireland Casualty Manager for Chubb said: “The feedback we get from our brokers and clients is the main driver of our product development. Our enhanced, warranty, condition precedent and basis clause-free casualty wording is a fine example of this approach, as it includes cover for new risks that are increasingly important to UK and Ireland businesses. At the same time, using clear, simple language in our policy, means that our clients know exactly what they get from us.”