Chubb Limited has struck a global partnership with Endeavor, the nonprofit that supports high-growth entrepreneurs, marking the insurer's latest move to align its expertise with emerging businesses in fast-growing markets.
The deal makes Chubb Endeavor’s first global insurance partner and gives entrepreneurs access to risk management insight, insurance solutions, and a network of digital distribution experience. For Chubb, the tie-up builds on its more than 200 digital partnerships worldwide, which have enabled consumer-facing brands to add insurance into their offerings while expanding financial protection in underserved regions.
“[S]upporting entrepreneurs is essential to driving growth and economic development,” said Sean Ringsted, Chubb's chief digital business officer and chief analytics officer. “[O]ur new partnership with Endeavor will help amplify those efforts.”
Endeavor operates across more than 45 countries and counts more than 2,900 entrepreneurs in its network, generating $88.5 billion in revenue and more than four million jobs as of 2024.
Its co-founder and CEO Linda Rottenberg said Chubb’s involvement adds industry expertise and scale: “Companies like Chubb bring deep expertise in their industry and a track record of helping entrepreneurs scale their businesses while inspiring the next generation of pioneers.”
Alongside its global push, Chubb announced the appointment of Joe Gaspero (pictured above) as senior vice president, National Account Segment Leader of Major Accounts Excess Casualty in the US.
Gaspero, who joined Chubb in 2013, will lead the growth of the insurer’s national accounts portfolio, with a focus on its new claims-made excess casualty facility launched earlier this year. The product is designed as an alternative for the first layer of umbrella liability coverage, a space where buyers are seeking more flexible solutions amid shifting liability trends.
Gaspero, based in Philadelphia, previously served as Eastern Region Leader for Major Accounts Excess Casualty, overseeing underwriting operations along the East Coast.
The announcements highlight Chubb's dual track — investing in innovation through global entrepreneurship while strengthening its position in complex casualty markets at home. For brokers and clients, the moves reflect an insurer seeking to expand both reach and relevance, from start-up ecosystems in emerging economies to large US corporates navigating liability exposures.
