Skip to content

Chubb and ACE are now Chubb

  • by The Quotesonline Team

chubbplus ace equalsdownload (1)

The New Chubb

On Monday, 15 January 2016, ACE Limited completed the acquisition of the Chubb Corporation, creating a global insurance leader operating in 54 countries under the renowned Chubb name.

In Australia the two companies are still separate legal entities, however the integration process is underway.

The company will commence operations together as Chubb under one management structure on 1 April 2016.

ACE and Chubb entities will stop competing

When the transaction is completed and the new company is formed, the operations will no longer compete with each other for new business.

The two companies will collaborate with each other in order to offer superior products and terms to the market.

ACE announces future Chubb management roles for Australia

ACE Group has announced key product, distribution and claims management roles it intends to appoint to the new operation in Australia. These roles will take effect after the completion of the acquisition of Chubb, which is expected in the first quarter of 2016, and when ACE and Chubb in Australia commence operations together, which is anticipated on 31 March 2016.

John French, ACE Country President, Australia & New Zealand, and also future Country President, Australia & New Zealand for the new operation, said: “Market-facing leadership roles will be critical in delivering for our brokers, clients and partners. With this in mind, I am very proud to announce this strong and experienced management team.”

They will continue to offer  Accident & Health, Business Insurance, Casualty, Construction, Environmental Risk, Energy & Power, Financial Lines, Marine Insurance, Personal Liability Insurance, Prestige Home & Contents and Travel Insurance

For more details

QuotesOnline offering free business insurance quotes

Quotesonline Free Insurance Quotes

Please note Quotesonline Insurance News is an information service provided by third parties Insure 247 Australia doesn’t warrants the accuracy of any information contained there in, readers should make their own enquiry’s before relying on information in the stories Terms of Service

Please note that any advice given has been provided without taking into account your objectives, financial situation or needs. It is also based on information we have obtained from you. You must ensure the information is accurate and complete. Otherwise, this advice may be based on inaccurate or incomplete information. You should consider whether the advice is appropriate in light of your objectives, financial situation and needs. Please read the Product Disclosure Statement and contact us if you require any clarification


Call For Quotes