Chubb Targets Federal Contractor IT Companies

Warren, N.J. - To address the complex and unique risks that information and network technology companies face serving the federal government, the Chubb Group of Insurance Companies, Warren, N.J. , assembled a group of underwriters, loss control engineers and claim specialists to offer specialized products and services for federal contractors in close collaboration with outside legal counsel.

Chubb has developed relationships with a cadre of agents and brokers who will focus on arranging insurance programs for government contractors. The carrier has also compiled a proprietary database of independent contractors that enter into government contracts and would benefit from Chubb's specialized expertise and product offerings.

Contractors working for the U.S. Department of Defense or on national security initiatives often engage in a broad array of business activities. As a result, Chubb introduced a new errors and omissions insurance policy than can help protect contractors for a variety of work they perform for the government.

Source: The Chubb Group of Insurance Companies