Based on votes received from industry decision makers, Chubb Insurance, Warren, N.J., was named a 2010 World Finance Award winner. Sponsored by London-based World Finance, a publisher of financial information to the global markets, the 4th annual World Finance Awards represent the benchmark of achievement in areas such as innovation, originality and quality of product, as well as proof of market development and excellence in client representation.
In its statement surrounding the release of the winners, the publisher noted: “Long-term structural changes to commerce in the global economy may well have altered some characteristics of the insurance industry. But the sector has a constant in monetizing risk and providing risk-sharing mechanisms, enabling individuals and businesses to safely build and hold assets. And as with many other mature industries, growth opportunities for the insurance sector are trending toward developing economies.”
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