Chubb names new climate business, adds to leadership team

Chubb has announced the name for the new global climate business it launched last month: Chubb Climate+. The company has also announced the appointment of three executives to the business unit’s leadership team. Chubb Climate+ will provide insurance products and services to businesses engaged in developing or employing new technologies and processes that support the transition to a low-carbon economy. It will also provide risk management and resiliency services to those managing the impact of climate change. “The new name and visual identity reflect the value proposition of our global climate business unit, which is about enabling climate change progress around the world, at an industry level, and in local communities,” said Matthew McMullin, leader of Chubb Climate+ in North America. “We are drawing on Chubb’s extensive technical capabilities in underwriting and risk engineering and bringing together our practices engaged in traditional, alternative and renewable energy, climate tech, agribusiness and risk engineering services.” “The ‘plus’ in Climate+ is about having a positive impact and adding value for our clients across all industries as they transition to a low-carbon future and take action to be resilient to the threat of a changing climate,” said Matthew Hardy, leader of Chubb Climate+ […]

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