Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Chubb Corp    CB

News SummaryMost relevantAll newsSector newsTweets 
The feature you requested does not exist. However, we suggest the following feature:

Chubb : CargoAdvantage wins Asia-Pacific Insurance Innovation Award

share with twitter share with LinkedIn share with facebook
share via e-mail
05/22/2017 | 06:40am CEST

SINGAPORE, May 22, 2017/PRNewswire / -- Chubb announced today that it has received the 'Asia-Pacific Insurance Innovation Award' for its CargoAdvantage system at the inaugural Asia-Pacific Risk Management Awards.

Organized by StrategicRISK, the industry awards recognize and reward organizations and individuals who demonstrate that they have gone the extra mile with measurable results to introduce or improve their risk management strategies.

The 'Asia-Pacific Insurance Innovation Award' recognizes insurers that can demonstrate that they have developed an innovative risk and/or insurance product, solution or initiative that has significantly benefited one or more of their Asia-Pacificclients. The awards were independently and rigorously judged by a panel of risk experts from across the region.

Chubb's CargoAdvantage is a proprietary and market-leading web-based marine insurance quoting and issuing system. It allows freight forwarders to reduce liability by offering a cargo insurance quote and cover for a shipment within four minutes. This user-friendly system has multiple benefits for transport companies, including:

  • Certificates issued on the spot to support transportation and trade documentation
  • The system is accessible anywhere, anytime via computer with Internet access
  • The certificates are automatically archived and can easily be referenced in the event of a claim
  • Streamlined operations process of automated monthly invoicing and billing
  • CargoAdvantage also provides logistics companies with access to Incoterms® 2010, a glossary of common Marine terms and claims forms for ease of reference and convenience

Commenting on the win, Jason Keen, Chubb's Head of Property & Casualty for Asia Pacific, said, 'We are very proud to receive this award for innovation. As craftsmen of insurance, we meticulously conceive, craft and deliver extraordinary coverage and service for our customers and their agents and brokers. In this case, our CargoAdvantage provides the transport and shipping community in the region with a reliable solution which can reduce business risks via a simple web-based platform.'

'Marine insurers have been mostly transacting business in a traditional manner,' added Anthony O'Brien, Chubb's Head of Marine for Asia Pacific. 'Chubb is forging closer relationships with the transport and shipping communities to support and add value to them with products as well as risk management and e-commerce solutions. This award is testament to our work in developing a truly ground-breaking solution to benefit our clients in the region.'

Click here to learn more about Chubb's award-winning CargoAdvantage platform.

About Chubb

Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, Londonand other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: new.chubb.com.

Logo - http://mma.prnewswire.com/media/325256/chubb_Logo.jpg

For further information: Michele Anne Minjoot, [email protected], +65 6398 8708, Chubb Asia Pacific Pte. Ltd., 138 Market Street, #12-01 CapitaGreen, Singapore 048946

Chubb Limited published this content on 22 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 May 2017 04:39:18 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on CHUBB CORP
05/22 CHUBB : CargoAdvantage wins Asia-Pacific Insurance Innovation Award
05/19 CHUBB LIMITED (NYSE : CB) Files An 8-K Departure of Directors or Certain Officer..
05/19 CHUBB LTD : Change in Directors or Principal Officers, Submission of Matters to ..
05/17 CHUBB : SFAA Releases Preliminary 2016 Top 100 Reports
05/17 CHUBB : appoints Lord Turner as non-executive Chairman of key boards in Europe
05/15 European, Asian companies short on cyber insurance before ransomware attack
05/04 CHUBB : Management's Discussion and Analysis of Financial Condition and Results ..
04/26 CHUBB LIMITED (NYSE : CB) Files An 8-K Results of Operations and Financial Condi..
04/26 CHUBB LTD : Results of Operations and Financial Condition, Financial Statements ..
04/26 CHUBB LTD (NYSE : CB) reported earnings of $2.48 per share beating Walls Streets..
More news
Sector news : Property & Casualty Insurance - NEC
05/16 Buffett's Berkshire boosts American, Southwest airline bets; sheds Fox
05/15DJBERKSHIRE HATHAWAY : Discloses Holdings as of Quarter-End
05/11 Results, downgrades keep FTSE under pressure
05/11DJSAMPO OYJ : Sampo Group's Results For January - -3-
05/11DJSAMPO OYJ : Sampo Group's Results For January - -2-
More sector news : Property & Casualty Insurance - NEC
News from SeekingAlpha
2016 Dividend Income Update January 2016
2016 Dividend Champions For February 2016
2016 Chubb beats by $0.12, misses on revenue
2016 Notable earnings after Tuesday?s close
2016 Hello, Chubb. Goodbye, Chubb.
Income Statement Evolution
More Financials
Sector and Competitors
1st jan.Capitalization (M$)
ALLSTATE CORP14.40%30 907
SAMPO OYJ5.31%28 086
More Results