Chubb launches new digital platform to streamline insurance distribution

Property/casualty insurer Chubb has launched a global platform to simplify and streamline the distribution of its insurance products through its partners' digital channels. The platform, called Chubb Studio, will enable the company's partners with digital access to its range of insurance products and service offerings, including personal accident, supplemental health and life, residential and contents, mobile phone and travel as well as small business insurance, customer services and claims. Chubb Studio is designed to help the company build its...

...digital ecosystem to accelerate insurance adoption and improve the customer experience for its partners.

"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," said Sean Ringsted, chief digital officer and chief risk officer at Chubb.

"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."