P&C insurer Chubb
has launched Chubb
Easy Solutions, a proposition for brokers and their small and medium-sized clients in Europe. The move reflects the firm’s strategy to provide quick and efficient service to SMEs, which are part of Chubb
’s core customers in the region.
Easy Solutions combines legacy Chubb
’s strong middle market and dedicated broker service know-how with legacy ACE
’s experience and investment in innovative online platforms and tools. With a dedicated underwriting team, it provides cover via a simplified underwriting process, allowing brokers to obtain quotes over the telephone, email, or through Chubb
’s bespoke web-based platform. Quotes are available 24 to 48 hours after the request is received.
The proposition is currently offered in in France, Spain and Portugal, with other key European markets such as Germany, Italy and Benelux to follow soon. The product offers D&O liability, marine, construction, casualty, environmental liability, and business travel insurance. Cyber risk insurance and various industry-specific solutions are to follow.
Fabien Vaillant, SME segment leader and Chubb
Easy Solutions manager for Continental Europe at Chubb
, said: “With more than 22 million SMEs in the European Union, small and medium sized companies are a hugely important part of the European economy and account for more than two thirds of non-financial employment. However, in spite of their significance, these businesses are sometimes overlooked by insurers. At Chubb
, we want to give European SMEs the same comprehensive insurance cover and high quality of service that bigger companies typically enjoy. Chubb
Easy Solutions epitomises our strategy to give SMEs the value-added services they need and deserve in order to grow with confidence.”