Chubb to acquire MGA Catalyst Aviation Insurance

Chubb announced an agreement to acquire Catalyst Aviation Insurance, a Melbourne-based managing general agent specializing in general aviation insurance for the Australian market.

This acquisition will expand Chubb’s presence in the Australian aviation market, providing local market access for brokers and clients and enhancing the capabilities of Chubb Global Markets, including its Lloyd’s platform.

“Catalyst Aviation has built a strong reputation in the general aviation market in Australia, and I’m pleased to be welcoming the team to Chubb. This acquisition further strengthens our position as an insurer of choice for brokers and clients in the local market, expanding our capabilities and expertise in the aviation sector.” – Peter Kelaher, Chubb Country President, Australia and New Zealand.

“Catalyst Aviation’s underwriting approach and emphasis on sustainable results closely align with Chubb’s culture and business. Catalyst Aviation also complements our existing aviation operations, from Chubb Global Markets in London to the aviation hub we established in Singapore in 2023. Backed by Chubb’s brand, distribution capabilities and financial strength, the Catalyst team is well positioned to expand our risk capacity and risk appetite in the Australia and New Zealand markets.” – Simon Abbott, Head of Aviation, Chubb Global Markets.