July 18, 2016 by Canadian Underwriter
Chubb Ltd. announced on Monday that it has launched a modular insurance policy designed specifically for Canadian privately owned companies.
ForeFront Portfolio addresses the broad range of liability risks faced by Canadian private companies in an increasingly risky and litigious business environment, Chubb said in a press release.
“We are excited to launch ForeFront Portfolio in Canada,” said Cameron Rose, senior vice president for Chubb Financial Lines, Canada, in the release. “Chubb’s new policy offers a modular and flexible insurance solution that allows private Canadian companies the ability to select from nine coverages with shared or separate limits to build a tailored portfolio of protection to address today’s complex risks.”
ForeFront Portfolio’s portfolio of coverages includes:
ForeFront Portfolio, available electronically to brokers, is supported by Chubb’s underwriting experts across Canada, who can offer customers additional tools, such as Chubb’s Survey of Private Company Management Liability exposures and Canadian private company claims scenarios.
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