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September 10, 2020

Chubb launches new platform to simplify digital partner integration

By Verdict Staff

Chubb has launched a new global platform, dubbed Chubb Studio, to simplify and streamline the distribution of its insurance offerings through its partners’ digital channels worldwide.

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by GlobalData
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Chubb Studio allows Chubb’s partners in retail, e-commerce, banking, fintech, airline, telecommunications and other industries to leverage digital insurance options to their own product and service offerings.

The platform also offers digital access to Chubb’s consumer insurance products including personal accident, supplemental health and life, residential and contents, mobile phone and travel.

Additionally, the partners will be able to avail the company’s small business insurance, customer services and claims.

Chubb chief digital officer and chief risk officer Sean Ringsted said: “Chubb Studio provides significant speed-to-market for our partners and offers a secure and scalable platform with multiple APIs to simplify the process.  What once took months can now be accomplished in days.

“It’s what we call ‘insurance in a box.’ Chubb handles the insurance stuff such as underwriting and claims that is then digitally wrapped by Chubb Studio, allowing partners to rapidly deploy insurance solutions to their customer base.  The new platform provides a full range of integration options for our partner companies – from a website to a widget to deeper in-path deployments.”

The launch of the platform is said to align with the company’s digital strategy to tie-up with leading brands for distribution partnerships worldwide.

Chubb expects to build and participate in digital ecosystems through the new platform to fuel insurance adoption and enhance the customer experience for its partners.

Ringsted added: “Chubb Studio offers our partners a simple and frictionless way to offer insurance within their ecosystems, providing them with a competitive edge in their respective markets.

“The combination of our product breadth, underwriting capabilities, claims service and global presence locally has given Chubb an unmatched ability to secure, service and grow partnerships with leading brands.”

Recently, Chubb enhanced its existing business package insurance policy in Hong Kong with the launch of Enterprise Guard Plus.

Free Whitepaper
img

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

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