03 February 2017

ANOTHER EXAMPLE OF HOW EVEN CORPORATE AMERICA IS ALARMED BY TRUMPISM

Farflung correspondents, 

I'm a retiree, and of course (unsurprisingly) as such I have some issues with the way my former corporate employer (Chubb Limited) deals with its retired employees. This is America, after all, which has its downsides as well as its great good fortunes. But what I want to point out is the following global letter to employees and former employees from the company's CEO, Evan Greenberg. (The company, as a result of a merger, is now based in Zurich, after having been headquartered in New Jersey for decades and New York for even longer before that). All I can say is "KUDOS!"

Chubb Limited
Message from the CEO: 
U.S. Travel/Immigration Restrictions

Evan-Annual-Report-200

Dear colleagues,

We have heard from many colleagues worldwide who have expressed concern about the U.S. Executive Order restricting travel from seven countries in the Middle East and Africa. As a truly global company, we are proud of our diversity at Chubb and proud of the diversity of our many business relationships. We have long valued our colleagues and clients in Muslim nations, and we have worked hard to build an inclusive culture that welcomes and values the contributions of people from all parts of the world.

Chubb will continue to embrace our values and culture, notwithstanding the challenges created by this order. If anything, we believe it is more important than ever that we promote our values, including our commitment to inclusion. We all want security for our citizens and to combat terrorism, but we believe it needs to be done with respect for due process, individual rights and the principle of inclusion. Speaking as an American, and as I noted on today's earnings call, the U.S. is a country of immigrants - my country's openness to immigration is fundamental to its identity and history as a nation and vital to its future prosperity. Shutting our doors to immigrations is a mistake.

In addition to the broader implications of this order, we have been working to assess the impact it may have on travel for Chubb employees globally. At this time, we believe there are relatively few individuals whose travel will be directly impacted, but of course the full implications are still being assessed. We also are closely monitoring the repercussions for our U.S. citizens traveling abroad. If you have any questions or concerns about how this order might impact you, please contact your local human resources manager, who can arrange for you to speak with an immigration attorney at an outside law firm with whom we have contracted.

Chubb has and always will engage with and welcome people in all parts of the world. That is at the core of who we are and always will be.

Sincerely,

Evan

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