Thomas Caldecot Chubb
American businessperson
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Thomas Caldecot Chubb (14 November 1834 – 10 August 1887) was an English-born American founder of Chubb & Son.
Early life
Chubb was born on 14 November 1834 in London. He was a son of John and Sarah Chubb of St Pancras, Soper Lane, London.[1]
Career
In 1882 Chubb and his son, Percy, opened a marine underwriting business in the seaport district of New York City. They collected $1,000 each from 100 prominent merchants to start their venture, initially focusing on insuring ships and cargoes.[2] After his death in 1887, Percy took over as head of the firm and his youngest son, Hendon, became a partner in 1895. Percy also founded Federal Insurance Company.[3] His eldest son, Sidney, was also a partner until retiring in 1921 and moving to California, then Paris.[4] After Percy's death in 1930, Hendon became senior partner, serving in that role until his retirement in 1959.[5]
Personal life
In 1855, Chubb married Victoria Edds (1833–1917), a daughter of William Edds. Together, they were the parents of:
- Sidney Caldecot Chubb (1856–1930),[4] who married Mary Eugenia Ely, a daughter of Eugene Ely of Union County, New Jersey, in 1886.[6]
- Percy Chubb (1857–1930),[3] who married Helen Low, a daughter of Charles Adolphe Low of California, in 1888.[7]
- Mabel Ada Victoria Chubb (1862–1930),[8] who married Dr. Robert Holmes Greene, son of Benjamin Greene, a prominent cotton manufacturer in Brunswick, Maine.[9]
- Hendon Chubb (1874–1960),[5] who married Alice Margaret Lee in 1897.[10][11] After her death, he married Marian (née Knight) Garrison, daughter-in-law of Wendell Phillips Garrison.[5][12]
Chubb died in Smithtown on Long Island on 10 August 1887. He was buried in the churchyard of the Episcopal church in St. James, New York.[13] His widow died in Manhattan in April 1917.[14] In 1924, his son Hendon created the Victoria Foundation, named in honor of his late mother. Today, it "is one of the oldest private foundations in America."[15]
Descendants
Through his youngest son Hendon, he was posthumously a grandfather of Thomas Caldecot Chubb (1899–1972);[16] Alice "Margaret" Chubb (1901–1976),[17] who married J. Russell Parsons, a partner with Chubb & Son;[18] and Percy Chubb II (1909–1982),[19] who married Corinne Roosevelt Alsop (a daughter of Corinne (née Robinson) Alsop Cole, and Joseph Wright Alsop IV).[20]