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What Does the ACE-Chubb Deal Mean for You?
In a coming together of two insurance industry giants, ACE Limited has agreed to acquire The Chubb Corp. for $23.8 billion in cash and stock. The Bensman Group does business with both companies, and if you are one of our clients whose carrier is ACE or Chubb, you might be wondering what effect, if any, this deal will have on you.
The short answer is that it is impossible to say with certainty. The deal still is not final; until it is, both companies are operating independently, as they always have. We will know more when we see the final details, and we are monitoring it closely.
Bensman has a solid relationship with both companies, and we believe that they have similar core values. Each provides exceptional service, superior coverage, and efficient and fair claims handling.
Having said that, however, it is important to note that at Bensman, we are firmly in your corner. We are an independent insurance broker, and our loyalty is to you. We intend to continue to watch as the deal develops and to keep you informed about any possible changes that could affect you or your coverage.
If we see any signs that we believe are troubling, we will let you know and discuss what options you might have. We also will continue to explore relationships with other insurers that might benefit our clients, as we always have.
We are here to serve you, so feel free to talk to us about the ACE-Chubb deal or about any other insurance questions. You can contact us at 847-572-0820 or firstname.lastname@example.org.