, Australia
119 views
/Alexas Fotos from Unsplash

Chubb acquires Australian aviation insurer

The insurer hopes to broaden its reach in the aviation industry.

Chubb has announced its plan to acquire Catalyst Aviation Insurance, a Melbourne-based firm specialising in general aviation insurance in Australia

"Catalyst Aviation also complements our existing aviation operations, from Chubb Global Markets in London to the aviation hub we established in Singapore in 2023. Backed by Chubb's brand, distribution capabilities and financial strength, the Catalyst team is well positioned to expand our risk capacity and risk appetite in the Australia and New Zealand markets,” Simon Abbott, Head of Aviation, Chubb Global Markets, said in a join statement.

This acquisition aims to enhance Chubb's presence in the Australian aviation market, improve local market access for brokers and clients, and expand the reach of Chubb Global Markets, including its Lloyd's platform.

“This acquisition further strengthens our position as an insurer of choice for brokers and clients in the local market, expanding our capabilities and expertise in the aviation sector." Peter Kelaher, Chubb Country President, Australia and New Zealand, also stated.

 

Follow the link s for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!