Chubb is a prominent insurance company headquartered in Zurich, Switzerland, established in 1985. It specializes in offering a comprehensive range of property and casualty insurance services tailored for both businesses and individuals. The company provides commercial and personal property and casualty insurance, as well as personal accident and supplemental health insurance. In addition to these services, Chubb also engages in reinsurance and life insurance, catering to a diverse clientele that includes multinational corporations and local enterprises. With its extensive portfolio, Chubb is committed to delivering innovative insurance solutions to meet the varied needs of its customers.
Alleghany
Acquisition in 2022
Alleghany Corporation, established in 1929 and headquartered in New York, is primarily engaged in property and casualty insurance and reinsurance businesses. The company operates through three segments: Reinsurance, Insurance, and Alleghany Capital. The Reinsurance segment offers a wide array of reinsurance products such as fire, allied lines, auto physical damage, homeowners multiple peril, casualty, liability, medical malpractice, ocean marine and aviation, accident and health, surety, credit, directors' and officers', errors and omissions, general, and auto liability reinsurance. These products are distributed through brokers and directly to insurance companies. The Insurance segment underwrites specialty insurance coverages including property, umbrella/excess liability, general liability, directors' and officers' liability, professional liability, surety products, and workers' compensation insurance. These products are sold through independent wholesale insurance brokers, retail agents, and general insurance agents. Additionally, Alleghany Capital segment engages in diverse businesses such as precision automated machine tool solutions, custom trailers and truck bodies manufacturing, toy and entertainment products, services for pharmaceutical and biotechnology industries, funeral and cemetery industries, precast concrete markets, hotel management and development services, structural steel fabrication and erection, oil exploration and production, and property ownership and management.
Aon plc, headquartered in London, is a leading global professional services firm operating in over 120 countries. With a workforce of over 60,000, Aon specializes in providing a broad range of risk, retirement, and health solutions. The company's offerings include insurance brokerage, risk management, reinsurance, human resources solutions, and outsourcing services, catering to a diverse range of industries. Aon's subsidiary, Aon Global Risk Consulting, is renowned for its comprehensive and tailored risk consulting solutions. Additionally, Aon Fire Protection Engineering Corporation, a subsidiary, is a leading provider of fire protection engineering, building code consulting, and security services. Aon operates independently, comparing hundreds of insurance policies to provide clients with tailored products.