NEW YORK, May 12, 2020--Chubb announced today that its innovative Chubb Rule of Law Fund, supported by 15 law firms and expanded support from the Chubb Charitable Foundation, has made 10 new grants for projects in Africa, Asia, Latin America and North America. As one of Chubb’s signature Citizenship initiatives, the Chubb Rule of Law Fund advances the rule of law around the globe by supporting organizations focused on building and strengthening legal institutions.
Since it was founded in 2008, the Chubb Rule of Law Fund has made 45 grants to support projects in 50 countries. The projects range from promoting the development of rules-based legal systems, independent and knowledgeable judiciaries, and anti-corruption measures, to improving administrative procedures and access to legal services. Chubb’s expanded corporate support from its charitable foundation, contributing to total annual funding of $400,000, reflects the importance of the rule of law to the company’s business and its employees, customers and communities.
“In the face of increasing challenges to the rule of law, we are proud to expand Chubb’s commitment to the Chubb Rule of Law Fund,” says Joe Wayland, Executive Vice President, Chubb Group, and General Counsel. “Preserving and strengthening the rule of law is essential to ensuring that individuals and businesses prosper and thrive everywhere.”
Examples of the new project funding commitments include:
Details on the new projects can be found in the fund’s annual report. The 15 law firms that share Chubb’s vision of collaboration between in-house and outside counsel to advance the rule of law globally are: Clyde & Co; Cozen O’Connor; Debevoise & Plimpton; DLA Piper; Gordon Rees Scully Mansukhani; Jackson Lewis P.C.; Kennedys; Lewis Brisbois; London Fischer; Norton Rose Fulbright; O’Melveny & Myers; Paul, Weiss; Sullivan & Cromwell; White and Williams; and Wilson Elser.
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 33,000 people worldwide. Additional information can be found at: www.chubb.com.
About the Chubb Charitable Foundation
The Foundation supports U.S.-based non-profit organizations through grant-making and projects aligned with defined focus areas including education, the environment, and poverty and health. The mission of the Foundation is to assist less fortunate individuals and communities in achieving and sustaining productive and healthy lives in geographic areas where Chubb employees live and work. The Chubb Charitable Foundation strives to accomplish this by focusing its funds on clearly defined projects that have measurable objectives and outcomes and solve problems within the Foundation's defined areas of focus.
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