Chubb offers a new insurance tool for lower middle market segment, with expanded base offerings for property and liability.
Chubb's "Benchmarq Package" protects clients from industry risks. Currently, the package is available for those working in education, food, manufacturing, real estate, technology, wholesale, professional services and wineries. Chubb says there are plans for further expansion.
The goal with Benchmarq is to fill the gap in lower middle market space that isn't typically served by traditional packages.
Benchmarq is available in 29 states, with a planned digital platform launch set for Fall of 2021.