PHILADELPHIA, Feb. 25, 2016 /PRNewswire/ -- Chubb has been named the top 2015 New-Product Pacesetter by Advisen, an insurance news source for the insurance industry, for its contributions in product innovation.
John Lupica, Vice Chairman, Chubb Limited, and President, North America Major Accounts and Specialty Insurance, noted, "Chubb is honored to receive this award from Advisen for the fourth year in a row. As the top Pacesetter for 2015, this award recognizes the breadth of innovative products and services we can offer our clients. It also acknowledges the valuable input we receive from our producers and client advisory board members, as well as the thought leadership and industry expertise our employees bring to the process of developing new products and services to help manage a broad range of risks in an increasingly complex world."
This is the fourth consecutive year that Chubb has received top honors in Advisen's New-Product Pacesetters ranking. The ranking is published in Advisen after the first day of the new month. For the annual Pacesetter ranking, Advisen aggregates a year's worth of materials focusing on product innovation, by firm, for the last twelve editions.
Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 30,000 people worldwide. Additional information can be found at: new.chubb.com.