Chubb

​Before its acquisition by ACE Limited in 2016, The Chubb Corporation was a prominent U.S.-based insurance company with a rich history dating back to 1882. Founded by Thomas Caldecot Chubb and his son Percy in New York City, the company initially focused on marine underwriting, insuring ships and cargoes. ​

Over the decades, Chubb expanded its offerings to include a wide range of insurance products. By the mid-20th century, it had established itself as a significant player in the property and casualty insurance sectors. In 1967, The Chubb Corporation was formed as a holding company, encompassing various subsidiaries that provided commercial and personal property and casualty insurance to businesses and individuals worldwide. ​

Chubb was particularly known for its specialty insurance policies tailored for upscale clients, offering coverage for unique and high-value risks. This focus on niche markets distinguished Chubb from its competitors and contributed to its reputation for underwriting excellence and superior claims service.