Chubb introduced the launch of a brand new media insurance coverage product for shoppers in the UK.
Alongside the launch, Chubb has additionally rebranded its current UK Know-how Business Apply because the Know-how and Media Apply to mirror its new focus.
The media providing consists of bespoke coverages comprising media legal responsibility, cyber, property, terrorism, casualty and authorized bills. All covers are optionally available and could be tailor-made to go well with every consumer.
It additionally options a number of value-added companies, together with a free authorized recommendation helpline staffed by senior media legal professionals. The product is focused at center market and multinational media firms and consultants working in promoting, graphic design, public relations, model growth and publishing, together with newspapers, magazines, radio and tv.
The expanded group will see media sit alongside Chubb’s rising e book of expertise enterprise which covers a broad vary of dangers and is focused at firms concerned with software program growth, web and communication companies, rising expertise and expertise manufacturing.
Consistent with Chubb’s different UK trade practices — Life Science, Actual Property and Local weather Tech — the Know-how and Media providing is backed by an enhanced proposition that features specialist underwriters with deep trade information, threat engineering and claims specialists, the insurer stated.
The Know-how and Media Apply will likely be overseen by Louise Joyce, head of Business Practices for EMEA, with Alex Smith, Know-how and Media Business Apply chief, heading a bespoke underwriting group.
“The launch of our new media product and the rebranding of our Know-how and Media Apply demonstrates our dedication to this fast-growing sector. Chubb has a profitable track-record of working with prospects inside the media trade and has developed a complete understanding of their wants,” Joyce commented.
“As this trade continues to develop and turns into more and more specialised we wish to higher allow companies working on this sector to resist a few of the many and assorted challenges they might face,” she added.
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