Chubb has launched Chubb Easy Solutions, its proposition for brokers and their small and medium sized clients in Europe.
Backed up by a dedicated underwriting team, Chubb Easy Solutions provides cover through a simplified underwriting process, enabling brokers to obtain quotes by telephone, via email or through Chubb’s bespoke web-based platform.
Quotes are issued within 24 to 48 hours from when a request is received, which reflects the Chubb’s strategy to provide speedy service to SMEs, one of its core customer segments in the region, the company said in a statement.
“Chubb Easy Solutions brings together legacy Chubb’s strong middle market and dedicated broker service expertise with legacy ACE’s experience and investment in innovative online platforms and tools,” Chubb said.
The proposition is currently available in France, Spain and Portugal and will be rolled out to other key European markets, including Germany, Italy and Benelux over the following months.
The product range available through Chubb Easy Solutions currently includes D&O liability, marine, construction, casualty, environmental liability, and business travel insurance, and the range will be expanded in future to include cyber risk cover and a series of industry-specific solutions, the company 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,” said Fabien Vaillant, SME segment leader and Chubb Easy Solutions manager for Continental Europe at Chubb.
“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,” Vaillant said.
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