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Chubb Group of Insurance Companies: New Commercial Insurance Program Available for Apartments and Condominiums

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WARREN, NJ--(Marketwire - June 23, 2009) - Chubb Custom Market, Inc. and Metro Insurance Services, Inc. have created a new commercial insurance program for apartments and condominiums throughout the contiguous United States.

The program, which combines the capabilities and financial strength of the Chubb Group of Insurance Companies with the real estate expertise of a full-service underwriting manager, provides a package of property, casualty, workers compensation, automobile and umbrella liability coverages. It is available through agents or brokers appointed by Metro. For more information on the program or to locate an agent, contact Norma Dickson, Metro's director of business development, at 973-467-4467, extension 120, or [ ndickson@metroins.com ].

Franklin Sanders, vice president, Chubb & Son, and manager of program business for Chubb Custom Market, said, "Metro Insurance Services has 25 years of experience underwriting and servicing the real estate industry. We are very excited to offer this competitive, consumer-oriented product through Metro and its appointed agents."

Steven Gross, chairman, president and chief executive officer for Metro, said, "We are extremely pleased to have been chosen by Chubb to represent them in this endeavor. Partnering with Chubb over the last two years has helped us create, what we consider, the finest product in the industry from one of the most financially stable insurers."

About Chubb

Chubb Custom Market, Inc., a wholly-owned subsidiary of The Chubb Corporation, manages wholesale producer relationships for member insurers of the Chubb Group of Insurance Companies and provides underwriting for specialized market segments and program management services. The Chubb Group of Insurance Companies form a multi-billion dollar organization providing property and casualty insurance for personal and commercial customers worldwide through 8,500 independent agents and brokers. Chubb's global network includes branches and affiliates throughout North America, Europe, Latin America, Asia and Australia.

About Metro

Metro Insurance Services, Inc., established in 1983, is a full-service insurance wholesale intermediary and managing underwriter. With a deep understanding of client needs, Metro offers an array of property and casualty solutions for the real estate industry and provides prompt, accurate and competitive quotes. Metro has offices in New Jersey and Pennsylvania.


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