Chubb has announced the launch of a new insurance partnership with Revolut, a financial technology company that provides digital banking services.
The partnership will provide a wide range of coverage for Revolut customers, including purchase protection, refund protection and ticket cancelation, where a Revolut account is used. The policy also offers coverage in cases in which a customer has a confirmed diagnosis of COVID-19 and is therefore unable to use event tickets purchased with their Revolut account.
Chubb was selected to partner with Revolut due to its multinational capabilities and global footprint. The partnership program will be rolled out across 22 countries.
“We are delighted with our new digital partnership with Revolut,” said Florian Eisele, Chubb’s director of accident and health for Continental Europe. “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.”
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“Our partnership with Revolut marks a significant step for Chubb as we continue to drive relationships in the digital space,” said Goulven Thépot, Chubb’s regional head of underwriting, accident and health, for Continental Europe. “We are looking forward to working with the Revolut team to deliver valuable insurance solutions to their customers.”
“We’re always looking to provide the best value possible to our customers and help them get more from their money,” said Felix Jamestin, head of premium product at Revolut. “We’re constantly improving our paid plans and are delighted to partner with Chubb to add purchase protection, refund protection, and ticket cancelation for our customers.”
Source : Insurance Business | Insurance News