Chubb launches Work from Home insurance in Hong Kong SAR

HONG KONG SAR, CHINA – Media OutReach – 6 August, 2020 – Chubb announced the launch of Work from Home
Insurance in Hong Kong SAR. As a result of the COVID-19 pandemic, the
traditional office environment has increasingly become the home, as work from
home becomes the new normal. As businesses adapt to living with COVID-19 and
beyond, working from home is expected to remain a part of an employee’s
work-life.

Chubb’s Work from Home
Insurance has been tailored to enable employers to continue to care for the
health, safety and well-being of their employees whilst they work remotely.

Highlights of this product
include[1]:

1. Payment for psychological counselling of
   employees diagnosed with stress disorders due to working from home.
2. Ergonomic injury benefits for postural or
   ergonomic stress or strains.
3. Accidental death or permanent disability
   payments due
   to an accident at home or serious burns received as a result of cooking while
   working from home.
4. Coverage for employees who are injured
   whilst carrying out their work away from their residence.

 

Stanley Wong, President of
Chubb’s general insurance business in Hong Kong SAR said, “Technological
advancements have allowed people to stay connected, and flexible work
arrangements may remain a part of every employee’s work week and expectations
even after the COVID-19 pandemic has passed. It is timely for Chubb to launch the
Work from Home Insurance to help employers meet the evolving employee care and
benefit needs.”

For more information about
Chubb’s Work from Home Insurance, please visit chubb.com/hk-en/business/work-from-home-insurance.aspx.

About Chubb

Chubb is the
world’s largest publicly traded property and casualty insurer. With operations
in 54 countries and territories, Chubb provides commercial and personal
property and casualty insurance, personal accident and supplemental health
insurance, reinsurance and life insurance to a diverse group of clients. As an
underwriting company, we assess, assume and manage risk with insight and
discipline. We service and pay our claims fairly and promptly. The company is
also defined by its extensive product and service offerings, broad distribution
capabilities, exceptional financial strength and local operations globally.
Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE:
CB) and is a component of the S&P 500 index. Chubb maintains executive
offices in Zurich, New York, London, Paris and other locations, and employs approximately
33,000 people worldwide

With both general
and life insurance operations, Chubb has been present in Hong Kong SAR for more
than 90 years via acquisitions by its predecessor companies. Its general
insurance operation in Hong Kong SAR (Chubb Insurance Hong Kong Limited) is a
niche and specialist general insurer offering products such as property, casualty, marine, financial lines and consumer
lines designed for large corporates, midsized commercial & small business
enterprises as well as retail customers. The AA- long term insurer financial
strength and counterparty credit ratings by Standard & Poor’s are
indicative of the company’s strong capitalisation. Over the years, the company
has built strong client relationships by offering responsive service,
developing innovative products and providing market leadership built on
financial strength.

More information
can be found at www.chubb.com/hk.