History Of Chubb Insurance Company. In 1882, thomas caldecot chubb and his son percy started a marine underwriting business in new york city. The company won a government competition for a lock which could not.
Chubb is the world's largest publicly traded property and casualty insurance company. Chubb insurance is one of the older insurance companies in the us market, with a history stretching back to 1882. Operates as a holding company for a family of property and casualty insurance companies known informally as the chubb.