Chubb offers new insurance coverage for foodservice industry

2nd July 2019 (Last Updated July 2nd, 2019 11:24)

Property and casualty insurance company Chubb is offering coverage against the risks faced by small businesses in the foodservice industry.

Property and casualty insurance company Chubb is offering coverage against the risks faced by small businesses in the foodservice industry.

Foodservice businesses can access the coverage, Chubb’s Business Owner’s Policy (Chubb BOP), through the company’s Chubb Marketplace digital platform.

Chubb North America small commercial insurance division president Jim Williamson said: “The foodservice industry faces a diverse array of exposures – from customer and employee injuries to property damage and loss of business income.

“Through our convenient and easy-to-use online Marketplace platform, Chubb provides access to robust insurance solutions for restaurants, banquet halls, caterers, commissaries, food trucks, and more – all supported by our industry-leading capabilities in underwriting, claims, and risk engineering.

“We are excited to expand our available solutions for independent agents who serve small businesses in the foodservice industry.”

The company is also offering the coverage for various lines of business, including umbrella, workers’ compensation, commercial auto, cyber enterprise risk management (ERM), management and professional liability, and foreign package to companies within the food service industry.

Williamson added: “Through the Chubb Marketplace, agents can quote and issue policies with ease, providing their clients with tailored and complete account solutions.

“For our insureds, Chubb delivers renowned claims, account services, and financial strength, along with the ability to grow as they do.”

Chubb’s Small Commercial Insurance division offers insurance products to customers across various industries, including financial services, healthcare offices, life sciences, retail stores and more.