Chubb Insurance Reduces Energy Costs Across Tri-State Facilities with a Custom Procurement Strategy
The Challenge
Chubb, one of the world’s largest property and casualty insurance providers, operates major corporate offices, data centers, and administrative hubs across the Mid-Atlantic region. These facilities run 24/7 with mission-critical systems, requiring constant power and HVAC performance. Chubb’s legacy energy contracts were fragmented and inflexible, exposing the company to:
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Higher fixed energy premiums due to risk-averse contracts
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Inefficiencies from inconsistent buying across state lines
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Missed savings during soft energy market conditions
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Lack of transparency into real-time usage vs. pricing dynamics
Our Solution: Multi-State, Risk-Managed Procurement Strategy
We built a comprehensive and unified procurement model tailored to Chubb’s facility usage patterns and geographic diversity.
Key Tactics:
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Load Following Electricity Strategy
Layered fixed load following for winter and summer usage; indexed remainder to capture low market prices without full exposure. -
Cross-State Coordination
Streamlined procurement timing across PA, NJ, and DE markets to unify risk and maximize leverage with suppliers.
Results
Why It Worked
Our proprietary strategy gave Chubb complete visibility and control over its energy spend while maintaining budget discipline. By using layered products and multi-site coordination, we created long-term cost savings without compromising operational reliability.
Managing Multi-State Facilities? We Can Help.
Whether you're in insurance, healthcare, or manufacturing, our strategic procurement model is built to save you money while minimizing risk—no matter where your facilities are located.
