Change concludes 17-year partnership with Chubb
Starr Insurance coverage Corporations has introduced that as of April 23, the group now straight underwrites its property – technical dangers protection by way of its personal insurance coverage corporations.
The change concludes a 17-year relationship with Chubb, Starr stated.
Starr stated the transition of its advanced dangers and power property enterprise to its personal insurance coverage corporations ought to be seamless for patrons.
Purchasers will proceed to work straight with Starr’s group, who will use the identical strategy to technical threat administration and provide the identical capability ranges and customer support, the company said. The one distinction is that Starr’s insurance coverage corporations will now be the named entities issuing the insurance policies.
“We’ve been underwriting the advanced dangers and power property enterprise for greater than 55 years,” stated Richard Shaak, president of worldwide insurance coverage and Starr Tech. “We thank Chubb for its assist all through this relationship.”
Starr Insurance coverage Corporations has a presence on six continents. The group’s insurance coverage firm subsidiaries are domiciled within the US, Bermuda, China, Hong Kong, Malta, Singapore, Switzerland and the UK.
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