September 16, 2016 by Canadian Underwriter
Chubb has announced the availability new coverages under its specialized clean tech industry insurance program meant to help firms, including rebuilding “green” in the event of a covered property loss.
The Clean Tech Sustainability Suite – available in the United States and Canada – offers essential protection for firms doing research and development (R&D) and can help clean tech firms rebuild “green” in the case of a property loss, notes a company statement issued Thursday.
“This suite of insurance coverages provides protection for property and business income related to research and development as clean tech companies develop new products and services that contribute to environmental sustainability,” says Christi Edwards, Chubb’s North America clean tech segment leader.
“In addition, it helps these companies further demonstrate their environmental sensibilities by rebuilding ‘green’ if their facilities are damaged in a covered loss,” Edwards adds in the company statement.
The new suite includes the following:
The suite is supported by a dedicated team of underwriters who specialize in helping clean tech companies protect against risk. Product offerings may vary by location, the statement adds.