Company Profile: The origins of CHUBB® Corporation date back to 1882 when Thomas Caldecot Chubb and his son Percy opened their marine underwriting business in the seaport district of New York City. They collected $1,000 from each of 100 prominent merchants to start their venture, and focused initially on insuring ships and cargoes. By 1900, Chubb had established strong relationships with the insurance agents and brokers who placed their clients’ business with Chubb underwriters.
ACE was established in 1985 in response to an availability crisis in the U.S. insurance marketplace for excess liability and directors’ and officers’ insurance coverage. From its inception through the 1990s, ACE grew rapidly through product diversification, strategic partnerships and acquisition. A true turning point for ACE was its 1999 acquisition of Cigna Corporation’s international and domestic property and casualty business. The acquisition gave ACE an instant global network and simultaneously transferred INA’s 200-year history to the company.
8195 166th Ave Ne, #201
Redmond, WA 98052
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