Provides personal and business insurance.

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15 Mountain View Rd.
Warren, NJ 07061
Employees: 10,100
CEO: John Finnegan
Stock Symbol: CB


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Chubb provides insurance to businesses and individuals around the world. The Chubb Corporation is a holding company for a family of property and casualty insurance companies known informally as the Chubb Group of Insurance Companies. Chubb & Son, a division of Federal Insurance Company, manages these companies.

Chubb is the 12th largest property and casualty insurer in the United States and has a worldwide network of some 120 offices in 26 countries.

Chubb works with 8,500 independent agents and brokers worldwide.

Chubb products include home and auto insurance for individuals. It also provides business insurance for property and casualty as well as specialized insurance for public and private companies and non-profit organizations.

For 2011, The Chubb Corporation reported revenues of $13.5 billion. Net premiums written were $11.8 billion in 2011. Net income for the year was $1.7 billion.

Chubb reported assets of $50 billion.


In the spring of 1882, Thomas Caldecot Chubb and his son Percy opened their marine underwriting business in the seaport district of New York City. Having collected $1,000 from each of 100 prominent merchants to start their venture, they focused on insuring ships and cargoes. The Chubbs were adept at turning risk into success, often by helping their policyholders prevent disasters before they occurred. By the turn of the century, Chubb had established strong relationships with the insurance agents and brokers who placed their clients' business with Chubb underwriters, and the original subscribers enjoyed a substantial return on their investment in the young company.

The Chubb Corporation was formed in 1967 and was listed on the New York Stock Exchange in 1984. It ranks among the top 10 publicly traded insurance organizations based on revenues in the United States.


ChubbChoice benefits begin on the first month following 30 days of eligible service. Chubb pays most of the cost for your ChubbChoice benefits and you can often use tax-effective pre-tax dollars to pay your share of the cost.


Horizon Blue Cross/Blue Shield of New Jersey provides Chubb's national preferred provider organization (PPO) network and is offered in all Chubb U.S. locations. Other plans, including different PPO network plans and health maintenance organizations (HMOs), are also available in many Chubb locations. Your eligible dependents (your spouse or qualifying domestic partner and children) may also be enrolled for medical coverage when you are enrolled.


The dental plan encourages preventive care and covers most dental services. Two point-of-service options are offered in all Chubb locations with the option of a dental maintenance organization (DHMO). When you use network providers you can reduce your out-of-pocket costs. When enrolled in a point-of-service coverage option, you can obtain your dental care from any dentist you wish and still have coverage. Your eligible dependents (your spouse or qualifying domestic partner and children) can be enrolled for dental coverage when you are enrolled.

Vision Care

The vision care plan helps you manage the cost of periodic routine eye examinations and quality corrective eyewear (eyeglasses or contact lenses). Your eligible dependents (your spouse or qualifying domestic partner and children) may also be enrolled for vision care coverage when you are enrolled.

Disability Coverage

After three months of service, Chubb's sick pay benefits, short-term disability and long-term disability plans may continue your salary - in full or in part - if you are unable to work because of illness or injury.

Employee Life Insurance

You may choose from seven coverage amounts: $50,000 or from one-half your annual salary to five times your annual salary. Chubb pays the full cost for term life insurance equal to your full annual salary. Non-smokers receive a discounted rate.

Dependent Life Insurance

You may purchase term life insurance for your spouse or qualifying domestic partner and/or children.

Personal Accident Insurance

You may choose among several options from ($100,000 to $700,000 - coverage above $700,000 is also limite to ten times your annual salary) that will cover you and your eligible dependents in the event of accidental death or certain serious injuries.

Spending Accounts

Chubb offers two types of spending accounts - a Health Care Spending Account and a Dependent Care Spending Account - to provide a way for you to lower your taxable income by setting aside money pre-tax for expenses you know you will have to pay during the year. By making pre-tax contributions to one or both spending accounts and submitting eligible expenses for reimbursement, you can save money on health care expenses not covered by insurance and/or child/elder care cost.

Financial Planning

The financial planning option provides resources to help you meet your financial goals. A well-designed financial planning website and phone access to professional financial counselors with expertise in Chubb's benefits will help you establish your personalized plan.

Business Travel Accident Insurance

In addition to the ChubbChoice benefits, Chubb automatically provides you with insurance that will pay up to five times your annual salary (with a $1,000,000 maximum) should you be injured or die while traveling on company business.

Updated October 22, 2012