INSURANCE TECHNOLOGY

Chubb Unveils Insurance Partnership Deal with Revolut

Chubb, Revolut | January 20, 2021

Chubb Unveils Insurance Partnership Deal with Revolut
Chubb has announced the launch of a new insurance partnership with Revolut, a financial technology company that provides digital banking services.

The association program gives a wide scope of inclusion for Revolut's clients, including purchase protection, refund protection and ticket cancellation, where a Revolut account is utilized.

The strategy additionally offers inclusion where a client has an affirmed analysis of COVID-19 and is hence incapable to utilize occasion tickets purchased utilizing their Revolut account.

Chubb was chosen as the carrier because of its worldwide capacities and global footprint, along with its driving accident and health propositions and solid organizations skill. The program will be turned out across 22 nations.
"We are delighted with our new digital partnership with Revolut. We strive to build long-term, successful relationships with our insurance partners that deliver value for the partner and their clients. For us Revolut is a good example of digital innovation that aligns with our own ambitions," said Florian Eisele, Director of Accident and Health, Continental Europe.

"Our new partnership with Revolut marks a significant step for Chubb as we continue to drive relationships in the digital space. We are looking forward to working with the Revolut team to deliver valuable insurance solutions to their customers," said Goulven Thépot, Regional Head of Underwriting, Accident and Health, Continental Europe.

"We're always looking to provide the best value possible to our customers and help them get more from their money. We're constantly improving our paid plans and are delighted to partner with Chubb to add purchase protection, refund protection and ticket cancellation for our customers," said Felix Jamestin, Head of Premium Product at Revolut.

About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange and is a component of the S&P 500 index. Chubb supports executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 33,000 people worldwide.

Spotlight

John Heft brings to New Day Underwriting Managers over 25 years of environmental underwriting experience, including a solid base of real estate-focused work experience for a major brokerage firm, an insurance carrier, and an environmental consultant. Throughout his professional career, John has provided environmental risk management solutions for a variety of industry sectors including chemical, petrochemical, energy, manufacturing, commercial real estate, universities, and healthcare.

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TrueMotion, Guidewire | February 10, 2021

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Yum China Holdings, Inc. | November 26, 2021

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John Heft brings to New Day Underwriting Managers over 25 years of environmental underwriting experience, including a solid base of real estate-focused work experience for a major brokerage firm, an insurance carrier, and an environmental consultant. Throughout his professional career, John has provided environmental risk management solutions for a variety of industry sectors including chemical, petrochemical, energy, manufacturing, commercial real estate, universities, and healthcare.