Vantaggi
Learning and development, Knowledgeable employees, staff used to be all team players.
Svantaggi
The acquisition unintentionally reduced the value Chubb had independently. The aggregation of Firemans Fund, Ace, and Chubb created a large company that's going to be dragging its feet for a long time. All of the high performing talent was either let go, left, or currently looking to leave. The historical value of Chubb was that it invested in developing its employees. We often operated under staff but we got it done. We worked as a team and the company offered flexible work arrangements. We were paid significantly less than the market, over worked, and at the core of the business the company consistently faced pricing battles but we found a way to get it done. What your seeing now is the downside of the bell curve . All of the high performing talent are leaving to pursue more challenging work for compensation that clearly meet the industry standards. Chubb is now a place to learn and leave. The company is light years behind in technology, product innovation, branding... The list can go on but the good thing is that these things are repairable. One day Chubb will improve all of these things and the company will return to being on top (US wise). If these issue continue to linger and the company continues to turn over the people that bleed Chubb, this will never happen and the smaller shops will continue to eat Chubb's food and use Chubb's best talent to build better businesses.