Source: Media Outreach
Headline: Chubb Partners with StarHub to Provide Complimentary Home Contents Insurance
SINGAPORE – Media OutReach – 6October 2017 – Chubb announcedtoday its partnership with StarHub, an integrated info-communications companyin Singapore, to launch a new product — HomeInsuredTM. The latter isa complimentary 12-month insurance plan which provides coverage forrenovations, fixtures, fittings and home contents for StarHub customers.
According to theSingapore Civil Defence Force’s Fire Incident Statistics for 2016, there areseven cases of residential fires in Singapore each day. In addition, a jointsurvey with StarHub also revealed that 6 in 10 customers do not have any homecontents insurance. “This means that should an unfortunate event or fire occurin the home, some StarHub subscribers may not be adequately protected orfinancially covered.” said Mr. Adam Clifford, Country President for Chubb inSingapore.
Mr. Clifford added,“At Chubb, we continually strive to provide relevant protection for ourcustomers. Given the lack of awareness in home contents insurance in Singapore,we are very excited at the opportunity to partner with StarHub to offer theircustomers complimentary home contents insurance when they sign up for or re-contractany StarHub Home Broadband, TV and/or HomeHub service. Unlike fire insurancewhich normally only covers structure and permanent fixtures, with ourHomeInsured starter pack, we hope that every StarHub household can enjoyStarHub’s services with peace of mind by being Chubb insured.”
Mr. Howie Lau,Chief Marketing Officer of StarHub said “We are constantly challengingourselves to find ways to better serve our customers and exceed theirexpectations. Chubb is a trusted name in insurance and we are excited topartner with them to give customers a complete home offering unlike anythingelse in the market today. With HomeInsured, customers can enjoy our HomeBroadband, TV and HomeHub services to the fullest, with the knowledge thattheir home and valuables are protected.”
About Chubb in Singapore
Chubb is the world’s largest publiclytraded property and casualty insurance company. With operations in 54countries, Chubb provides commercial and personal property and casualtyinsurance, personal accident and supplemental health insurance, reinsurance andlife insurance to a diverse group of clients. As an underwriting company, weassess, assume and manage risk with insight and discipline. We service and payour claims fairly and promptly. The company is also defined by its extensiveproduct and service offerings, broad distribution capabilities, exceptionalfinancial strength and local operations globally. Parent company Chubb Limitedis listed on the New York Stock Exchange (NYSE: CB) and is a component of theS&P 500 index. Chubb maintains executive offices in Zurich, New York,London and other locations, and employs approximately 31,000 people worldwide.
Chubb Insurance Singapore Limited, via acquisitions by its predecessorcompanies, has been present in Singapore since 1948. Chubb in Singapore providesrisk management and underwriting expertise for all major classes of generalinsurance, including Property & Casualty, Marine, Liability, FinancialLines and Group Personal Accident insurance. As one of the leading providers ofAccident & Health insurance through direct marketing, the company partnerswith financial institutions and other companies to tailor individual policiesfor their clients and employees. In addition, it offers a suite of customisedPersonal & Specialty insurance solutions to meet the needs of consumers.
Over the years, Chubb in Singapore has established strong clientrelationships by offering responsive service, developing innovative productsand providing market leadership built on financial strength. The company hasbeen assigned a financial strength rating of AA-/Stable and the highest ASEANcredit rating of axAAA by Standard & Poor’s. It has also been awarded theSingapore Quality Class STAR (SQC STAR) and Singapore Service Class (S-Class)certification for achieving all-round business excellence and high levels ofservice respectively by SPRING Singapore, the national standards andaccreditation body.
More information can be found at www.chubb.com/sg
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