Chubb Insurance

PriSim® developed both a custom property and casualty insurance course and a Strategic Finance course for Chubb and has taught the courses in the US and in Europe. PriSim delivers Chubb’s courses in live and in virtual delivery modes!

  • In the P&C course, Insurance Challenge, participants lead and manage a simulated insurance conglomerate made up of an insurance carrier and an agency network. PriSim has developed two versions of the exercise: a two-day version that builds general acumen; and a three-day version that focuses on leadership development and agency/carrier strategic planning.
  • In the Strategic Finance course, participants from Chubb’s insurance agency partners run competing manufacturing companies as they build their financial acumen to better understand the financial and strategic challenges that their insurance clients face on a daily basis. The objective of the course is to “walk a mile in your clients’ business shoes!”

“The class was really helpful and [the Instructors] were great teachers. They have a great combination of patience, knowledge, and fun in their presentation style – a unique combination.”
Virtual Class Delivery – Commercial Producer, Insurance Brokerage, October 2020

“Not coming from a financial background, this course provided great insight by fast forwarding financial decisions. It was clear to see how they tie together and impact key ratios and financial statements.”
Virtual Class Delivery – Managing Partner, Regional Insurance Agency, July 2020

“Thank you again for a great experience last week in the strategic finance course.  I thoroughly enjoyed the material and I was truly impressed at your ability to pivot when the class was moved to an online course.  The experience for the participants did not suffer at all and each of you handled the change seamlessly.  Very well done, as I understand that is not easy to pull-off under short notice.”
Virtual Class Delivery – Assistant Vice President, Large Insurance Agency, May 2020

“The business war game combines a fun competition with hands-on education that allows for both group and individual learning. PriSim has a way of taking a very complicated financial education curriculum and breaking it down so that it is easily understood by the non financial expert. In addition, PriSim strives to understand our business and its specific nuances which allows them to use real life examples that resonate throughout the entire course.”
– Field Sales Manager, November 2015

“The Insurance Challenge Business Simulation is the most interesting and effective business-enhancement tool I have ever used. I have never seen brokers and employees, together as a team, so engaged in an activity that really increased their knowledge and allowed them to better understand their business. All in a friendly and dynamic environment and process. I am sure we are going to use this tool many times.”
– Manager, Brazil

“The PriSim experience provided participants with a unique perspective that they otherwise would not have been able to experience. The program provided them with a broader view of our industry and gave them insight into multiple factors that impact bottom line results. Ultimately, the attendees gained a more well-rounded knowledge of our business and are better managers as a result.”
– Senior Vice President

“The Instructor is one of the most effective coaches who is able to tease participants into breaking down complex financials in a simple yet manageable way. Our employees came away from a day of training engaged and able to apply these tangible tools in their business. Sales Management moved our team from understanding concepts to understanding and applying tools to their business plans……immediately! I have no doubt that our new areas where we are driving change will see change because WE have changed.”
– Branch Manager

“We have never done anything like this before in our region (Europe, the Middle East, Africa), out of concern that everyone might not be able to relate to it, or that the information and data provided would not cross borders. You proved to us that business is business and that people are people, no matter the continent we live on or the first language that we speak and that (business simulation) courses can, do, and will continue to provide great value to our EMEA Partners.”
– Director, Global Insurance Broker Partnering with Chubb

“Working with PriSim® enabled us to build seamless alliances both within and outside the (organization.) Their approach to building the Insurance ChallengeTM tapped into subject matter experts and resources within (our company) at some of the highest levels of management. The design team’s intelligence, keen listening skills, and outstanding consulting expertise brought them great credibility in the organization. The end product is a resounding success as a learning tool, eliciting rave reviews from participants. We have found PriSim® to be flexible and willing to continue enhancing the product each time it’s offered. If you’re looking for an organization to partner with, I can heartily recommend PriSim® Business War Games! They’ll provide a superb product — and they’ll make it easy for you!”
– Assistant Vice-President, Training

“Everything about the PriSim® experience has been first rate. Designing and developing a custom simulation can be a nightmare, but they made the process painless. Their research was concise and well targeted. The design team was well organized and extremely efficient. PriSim’s® facilitation of the simulation is flawless. The insights and perspectives the instructors bring to the program enhance the participants’ learning experience. The instructors’ professionalism, expertise, talent, and sense of humor are reflected in the product they deliver. It is a pleasure working with PriSim®.”
– Vice President, Agency Education

“I feel that the simulation exercise provides the delegates with the opportunity to makes decisions and take risks in a controlled environment, which then gives them great learning that they can apply to their own business. It encourages participation and involvement and creates a real sense of competitiveness.”
– Manager, Europe Learning and Development

“PriSim® creates innovative, customized training programs that push participants to their limit and makes them want to come back for more. (The instructors) are knowledgeable, professional, energizing, and engaging. I always know the group is in great hands when PriSim® is running a course. At the end of a session, participants walk away with knowledge, skills, and a set of tools that they can use as soon as they return to their office.”
– Vice President, Agency Education

“The seminar was great for our regional management team. It taught them the fundamentals of running an agency and made it easier for them to understand the financial information I present each month and why we need to take certain action to improve our financial results. Especially in these tough economic times, you provided very insightful information that we can use to manage our agency.”
– President, Chubb Independent Agency