WARREN, NJ (PRWEB) February 06, 2015
The Chubb Group of Insurance Companies has been recognized as the Best High-Net-Worth Insurance Company by Private Asset Management, a leading publication that reports on the wealth management and family office industry.
The Private Asset Management (PAM) Awards recognize organizations that have “successfully serviced high-net-worth individuals in an increasingly complex economic environment.” The awards also “celebrate those that have provided exceptional client service to the private asset management industry over the past 12 months.” According to the publication, the judging process is rigorous, and the judges are carefully selected based on their wealth management experience and expertise.
“We’re delighted that an independent panel of expert judges from the wealth management community chose Chubb as the winner of Private Asset Management’s Best High-Net-Worth Insurance Company award,” said Kathleen Tierney, chief operating officer of Chubb Personal Insurance. “For more than three decades, Chubb has been the pioneer and leader in providing personal insurance and risk management services to high-net-worth individuals and families around the world. We have taken great care to understand the lifestyle of these valued clients and to provide them with some of the best coverages and services to help protect their families and assets from potentially devastating risks. This award, as well as many others we have received for our expertise, products and service around the world, is a clear indication that we remain the leading insurer in the high-net-worth marketplace.”
Tierney said that Chubb took several measures over the past year to further enhance the services it provides to high-net-worth clients. Chubb significantly upgraded the Signature Suite of services, including personal security consultation, domestic employment counsel, and travel-related emergency medical evacuation. It also created a Fine Art Practice, which brought together its vast fine art resources worldwide in underwriting, loss prevention, appraisal and claims to respond to the evolving needs of clients with large and valuable collections.
Tierney also noted that the PAM award recognizes that Chubb has a history of developing long-lasting relationships with wealth managers, family offices, private bankers, legal counselors, insurance agents and brokers, and other trusted advisers who serve high-net-worth clients. To help cultivate additional and deeper relationships with trusted advisers, Chubb recently formed a Center of Influence practice. In addition, in partnership with The Wharton School, Chubb created the Certified Advisor of Personal Insurance Program to help train high-performing agents and brokers on how to understand the needs and dynamics of high-net-worth individuals.
Since 1882, members of the Chubb Group of Insurance Companies have provided property and casualty insurance products to customers around the globe. These products are offered through a worldwide network of independent agents and brokers. The Chubb Group of Insurance Companies is known for financial strength, underwriting and loss-control expertise, tailoring products for the needs of high-net-worth individuals and commercial customers in niche markets and select industry segments, and outstanding claim service.
The Chubb Group of Insurance Companies is the marketing term used to describe several separately incorporated insurance companies under the common ownership of The Chubb Corporation. The Chubb Corporation is listed on the New York Stock Exchange (NYSE: CB) and, together with its subsidiaries, employs approximately 10,000 people throughout North America, Europe, Latin America, Asia and Australia. For more information regarding The Chubb Corporation, including a listing of the insurers in the Chubb Group of Insurance Companies, visit http://www.chubb.com.