Chubb services aircraft coverages

Chubb Corp. and Starr Aviation Agency Inc. recently entered into an agreement to offer clients hull and liability and workers compensation coverages.The terms of this underwriting agreement states that Chubb will provide hull and liability insurance to Starr Aviation’s general aviation clients. In addition, Chubb will provide the Company’s general and commercial aviation clients with workers compensation coverage.Grouped under the general aviation unit is: corporate, private pleasure and small-business aircrafts; municipality-owned aircrafts; and sightseeing and air taxi aircrafts, as well as firms that service and maintain aircrafts; manufacturers of non-critical aircraft parts; and small regional airports.Conversely, Starr Aviation’s commercial unit includes airlines and manufacturers of airframes or critical aircraft parts.Starr Aviation is a unit of C.V. Starr & Co. Inc. of New York.