We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Chubb Affiliate Unveils Three Industry Practices; Stock Up
Read MoreHide Full Article
Shares of Chubb Limited (CB - Free Report) gained 0.8% in the last trading session as its risk management solutions division, ESIS, Inc., launched three new industry practices for life sciences, real estate and hospitality, and staffing firms. The main objective of ESIS is to offer clients a more sophisticated and superior level of expertise and drive outstanding claim outcomes
These three practices will be part of ESIS’ Global, Healthcare, and Construction Industry Practices, and collectively provide customized claims and risk management solutions. These practices have been developed for providing access to experts and specialized product offerings to clients in each field. Hence, these practices are expected to provide an unparalleled risk management platform to boost results.
ESIS’ Life Sciences and Real Estate and Hospitality Industry Practices will be substantially value accretive to Chubb’s practices. Further, these will facilitate ESIS in the provision of an enhanced suite of services.
The Life Sciences Industry Practice will focus on offering all-inclusive risk management and claims solutions. The services offered will be beneficial for traditional healthcare organizations, pharmaceutical companies, medical appliance manufacturers, as well as the sub-industries.
The Real Estate and Hospitality Industry Practice will provide deep industry knowledge and experience, necessary for efficient management of complex claims. This practice will be offered to real estate owners, property managers, and hospitality clients.
The Staffing Industry Practice will offer customized risk management programs to help clients safeguard their business and employees.
With the addition of the three new industry practices, Chubb will move one step closer to becoming the leader in the property and casualty (P&C) space. We also believe that this strategic move will drive long-term growth for the P&C insurer.
Some better-ranked stocks from the same space include National Interstate Corporation (NATL - Free Report) , Argo Group International Holdings, Ltd. and Arch Capital Group Ltd. (ACGL - Free Report) .
National Interstate, a specialty P&C insurer, saw the Zacks Consensus Estimate increasing 7.6% and 7.3% for 2016 and 2017, respectively, over the last 60 days. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Argo Group, another P&C insurer, witnessed the Zacks Consensus Estimate increase 21.6% and 3.1% for 2016 and 2017, respectively, over the last 60 days. The insurer holds a Zacks Rank #2 (Buy).
Arch Capital Group, a P&C insurer, saw the Zacks Consensus Estimate rise 2.9% and 1.4% for 2016 and 2017, respectively, over the last 60 days. The company holds a Zacks Rank #2.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Chubb Affiliate Unveils Three Industry Practices; Stock Up
Shares of Chubb Limited (CB - Free Report) gained 0.8% in the last trading session as its risk management solutions division, ESIS, Inc., launched three new industry practices for life sciences, real estate and hospitality, and staffing firms. The main objective of ESIS is to offer clients a more sophisticated and superior level of expertise and drive outstanding claim outcomes
These three practices will be part of ESIS’ Global, Healthcare, and Construction Industry Practices, and collectively provide customized claims and risk management solutions. These practices have been developed for providing access to experts and specialized product offerings to clients in each field. Hence, these practices are expected to provide an unparalleled risk management platform to boost results.
ESIS’ Life Sciences and Real Estate and Hospitality Industry Practices will be substantially value accretive to Chubb’s practices. Further, these will facilitate ESIS in the provision of an enhanced suite of services.
The Life Sciences Industry Practice will focus on offering all-inclusive risk management and claims solutions. The services offered will be beneficial for traditional healthcare organizations, pharmaceutical companies, medical appliance manufacturers, as well as the sub-industries.
The Real Estate and Hospitality Industry Practice will provide deep industry knowledge and experience, necessary for efficient management of complex claims. This practice will be offered to real estate owners, property managers, and hospitality clients.
The Staffing Industry Practice will offer customized risk management programs to help clients safeguard their business and employees.
With the addition of the three new industry practices, Chubb will move one step closer to becoming the leader in the property and casualty (P&C) space. We also believe that this strategic move will drive long-term growth for the P&C insurer.
Currently, Chubb carries a Zacks Rank #4 (Sell).
CHUBB LTD Price
CHUBB LTD Price | CHUBB LTD Quote
Stocks to Consider
Some better-ranked stocks from the same space include National Interstate Corporation (NATL - Free Report) , Argo Group International Holdings, Ltd. and Arch Capital Group Ltd. (ACGL - Free Report) .
National Interstate, a specialty P&C insurer, saw the Zacks Consensus Estimate increasing 7.6% and 7.3% for 2016 and 2017, respectively, over the last 60 days. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Argo Group, another P&C insurer, witnessed the Zacks Consensus Estimate increase 21.6% and 3.1% for 2016 and 2017, respectively, over the last 60 days. The insurer holds a Zacks Rank #2 (Buy).
Arch Capital Group, a P&C insurer, saw the Zacks Consensus Estimate rise 2.9% and 1.4% for 2016 and 2017, respectively, over the last 60 days. The company holds a Zacks Rank #2.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>