Chubb now is using a new policy translation feature exclusive to Chubb and its current multinational customers.
“Chubb is dedicated to providing its customers and brokers with innovative resources to help manage their global risks,” said Matthew Merna, division president of major accounts at Chubb's North America operations. “As multinational businesses steadily expand around the globe, they face recurrent regulatory, compliance, and legal considerations which continue to evolve. Chubb Global Services provides a suite of services that enables multinational customers to cut through many of the complexities surrounding the issuance of local policies, paying claims, and customizing programs and services worldwide, in a timely manner. Our new policy translation offering highlights our continuing commitment to service innovation.”
In a statement, Chubb said that it has the ability through its global infrastructure to issue policies locally in its more than 625 offices worldwide. Many of these policies are required to be issued in languages other than English. The local policy translation service, Chubb said, “is cutting-edge and enables multinational clients and brokers to quickly gain access to English translated versions of policies that were issued in another language.”
The new translation feature is powered by machine automated technology that utilizes optic character recognition software to perform the majority of the policy translations.
“Policy translations used to require a manual effort and took an inordinate amount of time and expense,” said Mr. Merna. “However, this translation enhancement is now offered as a complimentary service to all of our multinational customers who purchase a controlled master program through Chubb.”
Learn more: chubb.com.

