Agency will now immediately underwrite technical dangers property protection
Starr Insurance coverage Firms has introduced that as of April 23, the group now immediately underwrites its property – technical dangers protection by its personal insurance coverage firms.
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 firms must be seamless for purchasers.
Purchasers will proceed to work immediately 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 firms 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 Firms 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.
Starr Aviation not too long ago introduced the launch of a network to reinforce security for Starr-insured pilots and plane house owners.
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