NU Online News Service, March 15, 12:43 p.m. EST
Starr Indemnity & Liability Company Inc. and Chubb & Son said they have an agreement for Chubb to provide workers’ compensation coverage for Starr Indemnity’s construction, energy and environmental customers.
Starr Indemnity in New York is a subsidiary of Starr International Company and Chubb & Son is a division of Federal Insurance Company, a wholly owned subsidiary of Warren, N.J.-based The Chubb Corporation.
The coverage for the three sectors will be underwritten directly by New York-based Starr Indemnity. An announcement by the companies said the target segments include contractors, energy resources customers, energy/environmental consultants and manufacturers of energy or environmental-related products.
“We are excited about this partnership with Chubb, one of the most highly rated property and casualty companies in the industry,” said Charles H. Dangelo, president and chief executive officer of Starr Indemnity.
“This arrangement provides Starr Indemnity with a complete solution for our customers in the construction, energy and environmental industries by complementing our existing broad array of product offerings,” explained Mr. Dangelo
“-We are pleased to partner with an experienced and proven team in the construction workers’ comp arena,” said John J. Degnan, vice chairman and chief operating officer of The Chubb Corporation. “We look forward to generating profitable growth for both our organizations.”
More information about the workers’ compensation coverages being underwritten by Starr Indemnity & Liability Company is available by calling (646) 227-6400.