Select one of the Chubb's Preferred Securities Panel firms to defend your Securities Claim and receive a 25% reduction in your policy’s Securities Claim retention, up to a maximum of $500,000, when your policy contains Chubb’s Preferred Securities Panel endorsement. For accounts with an initial public offering, use of a Preferred Securities panel firm to defend your Securities Claim is mandatory, and the Securities Claim retention reduction shall not apply. These nationally recognized firms have been selected by Chubb due to their experience and expertise in handling complex securities litigation across many jurisdictions and industries.
For detailed information about the Preferred Securities Panel1, please contact one of the Chubb colleagues below:
Norm Rafsol
Norm.Rafsol@chubb.com
201-356-5287
Reed Kleinle
Reed.Kleinle@chubb.com
201-356-5207
1While use of a Preferred Securities Panel Firm is not required for most policyholders, the 25% Securities Claim Retention discount is only applicable if a Preferred Securities Panel Firm is selected.
Schedule A contains a list of law firms chosen in connection with the endorsement. Chubb does not endorse these firms or their respective services. Before you engage any of these firms, we urge you to conduct your own due diligence to ensure the firms and their services meet your needs. Details of the engagement are strictly between the Insureds and the firm ultimately retained. Unless otherwise indicated or approved, payment for services provided by these firms is your responsibility.
Should a Securities Claim be made against an Insured, notice must still be provided, pursuant to the terms and conditions of the policy, to the Insurer. Notice to the law firm does NOT satisfy the claim notification requirements of the policy.
This notice and the description contained in this notice are neither a complete description nor a complete list of all terms and conditions.