Chubb’s Oldest Active Subsidiary Receives Pennsylvania Historical Marker

Chubb, in collaboration with the Pennsylvania Historical and Museum Commission (PHMC), has dedicated a Pennsylvania historical marker to the Insurance Company of North America (INA), Chubb’s oldest subsidiary company. The marker was unveiled during a ceremony at Chubb’s office in Philadelphia and commemorates INA’s 225-year history. INA has operated in the Philadelphia area since 1792 and has been a subsidiary of Chubb (formerly ACE Group) since 1999. After its dedication, the marker will be owned and maintained by the PHMC.

“Each PHMC marker establishes an important link to the past,” said Nancy Moses, PHMC Chair, in a press release. “I hope that this marker provides encouragement for further study and discussion as we celebrate the important role INA played in establishing the insurance industry when the United States of America was still in its infancy. Additionally, the marker recognizes INA’s numerous marketplace innovations over its long history.”

City Representative Sheila Hess also delivered a Mayoral Citation on behalf of Mayor Jim Kenney. The ceremony coincided with the 2017 Risk and Insurance Management Society (RIMS) annual conference, held this year in April at the Philadelphia Convention Center.