Chubb donates iconic Ground Zero flag to memorial museum

The flag was taken from a yacht docked at the World Financial Center at the time of the tragedy—a yacht the company had insured

Insurance News

By Lyle Adriano

Chubb Chairman and CEO Evan Greenberg and 9/11 Memorial President Joe Daniels recently made a joint announcement, saying that the insurance company has donated to the National September 11 Memorial & Museum an iconic American flag that was raised over the World Trade Center ruins on September 11, 2001.

The flag was taken by New York City firefighters from a nearby yacht docked at the World Financial Center, who then flew the flag over the rubble that fateful day. The yacht, owned by Shirley Dreifus and her husband Spiros E. Kopelakis, was insured by Chubb. The flag became famous when it appeared in a photograph taken by Thomas E. Franklin, which was widely circulated as an image of hope.

After 9/11, however, the flag was believed lost. Chubb paid a claim to its original owners. When it was finally recovered, Chubb held an ownership interest. The insurer, an ardent supporter of the National September 11 Memorial & Museum, is proud to donate the flag to the museum.

“The raising of this American flag was a powerful symbol of hope, strength, and resilience at one of the most trying moments in our nation’s history,” said Greenberg. “As we prepare again to pay tribute to those who were lost, this flag is a timely reminder of the spirit of our heroes and the resolve of a great city and great nation.  Chubb is honored to donate the flag to its permanent and proper home in the 9/11 Memorial Museum.”

The Ground Zero flag now occupies a prominent display place at the 9/11 Memorial & Museum.

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