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Annual Report 2001 - Chubb Group of Insurance Companies

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CHUBB = GLOBAL REACH<br />

When you manufacture high-tech scientific instruments<br />

used to discover cures for diseases and to<br />

test Olympic athletes for drug use, you have to be precise<br />

in every aspect <strong>of</strong> your business — including insurance<br />

coverage. For the past 13 years, Thermo Electron<br />

Corporation has relied on <strong>Chubb</strong> for underwriting<br />

flexibility and our network <strong>of</strong> 134 <strong>of</strong>fices in 31 countries<br />

which enable us to serve Thermo wherever it does<br />

business. “<strong>Chubb</strong>’s strong balance sheet, pr<strong>of</strong>essional<br />

employees, underwriting flexibility and range <strong>of</strong> products<br />

are the <strong>Chubb</strong> brand,” declares Richard Somerville, the<br />

Massachusetts-based company’s director <strong>of</strong> risk management.<br />

Insuring a leading provider <strong>of</strong> technology-based<br />

instruments, components and systems is familiar territory<br />

for <strong>Chubb</strong>. For more than 20 years, we’ve been the<br />

property and casualty insurer <strong>of</strong> choice for technology<br />

companies the world over.<br />

Photo: Inspecting a water sample ready for testing in one<br />

<strong>of</strong> Thermo’s elemental analysis machines are Richard<br />

Somerville, Thermo Electron Corporation’s director <strong>of</strong> risk<br />

management; and Jennifer Newsom, <strong>Chubb</strong>’s Northeast<br />

zone umbrella underwriting manager. Behind them are<br />

(clockwise from left) Steve Guariglia, <strong>Chubb</strong>’s Northeast<br />

zone property specialist; Christine Aufiero, <strong>Chubb</strong>’s claim<br />

assistant in Boston; Bryan Clements, <strong>Chubb</strong>’s claim<br />

business consultant in Boston; and Thermo Electron’s CFO,<br />

Theo Melas-Kyriazi.<br />

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