Chubb’s integration engine, Chubb Studio, extends technical functionality, increases revenue and increases value for partners

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Chubb Reveals Chubb Studio’s Expanded Integration Features; onboarding insurance even faster and easier for Chubb partners

Lisbon, Portugal, November 2, 2022 /PRNewswire/ — Chubb announced that Chubb Studio®, the company’s award-winning global integration platform, has introduced new features that can integrate insurance into its channel partners’ digital environments even easier and faster. , while providing a seamless experience for customers. Chubb is the largest publicly traded P&C insurer in the world.

Announced today at the Web Summit conference in Lisbon, Europe largest technology conference, the platform’s three new, next-generation features provide Chubb channel partners with access to: Chubb-developed software development kits (SDKs) that enable enterprise partners to integrate products and services natively into their applications; the ability to add products and services from other insurance companies, third-party or non-Chubb companies; and the winkSM through the Chubb® experience, previously available only in the United States, to other regions of the world.

Since the company launched Chubb Studio in 2020, the platform has been adopted by more than 150 businesses – including e-commerce, banks, retailers, mobility and other consumer businesses – offering customers in these partner companies digital access to Chubb consumers and micro-businesses. insurance products.

Chubb Studio stands out for its extensive library of application programming interfaces (APIs). Now, Chubb’s digital distribution partners will also be able to access Chubb Studio SDKs on the platform. Created by Chubb developers, the SDKs will make it easier and faster to deliver integrated insurance proposals for partners. Chubb Studio SDKs will be available for iOS, Android, and Web, with features that include user experience flows, backend APIs, and security handshakes. The SDKs will also allow partners to use their own branding and style to deliver consistent and unique insurance experiences to their customers.

The Chubb Studio platform now supports multi-service partnerships, including with other insurers. This means that Chubb partners using Chubb Studio can integrate insurance products and services from Chubb and other third-party providers into their digital ecosystems.

This new capability provides partners with a single point of integration while facilitating transactions with Chubb or other third-party back-office systems. This offers significant time and cost savings for partners who wish to offer more choice to their customers, including a wider range of property and casualty insurance, life insurance or other market products or complementary services. , such as telemedicine, on their website or app.

Additionally, a new customer experience has been added to the Chubb Studio platform called Blink by Chubb, the company’s digital product design philosophy, powered by Chubb Studio, aimed at making the insurance process simple and seamless. effort for partners and their customers.

With the Blink by Chubb philosophy, simple and straightforward insurance policies are pre-underwritten with customizable coverage options designed to meet consumers where they are today based on their lifestyle and health needs. protection. From offering an insurance policy at the right time to real-time self-service capabilities, including simplified claims payment processes, the Blink by Chubb experience comes to market with Chubb Studio and exemplifies the foundation of Chubb’s partnership value proposition.

“Chubb Studio has opened many doors for digital distribution partnerships across all industries and geographies, helping to drive growth and expand the footprint of our partner companies,” said Sean Ringsted, Chief Digital Business Officer at Chubb. “These three new features will set the tone for other competitors in the integrated insurance market. The integration technology and design-driven approach gives our channel partners tremendous flexibility to integrate insurance how they want and when they want, with even faster product launches. During each integration, we’ve listened to our partners and designed this next iteration of Chubb Studio to not only exceed developer expectations, but customer expectations as well.”

About Chubb
Chubb is the largest publicly traded property and casualty insurance company in the world. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, accident and supplemental health insurance, reinsurance and life insurance to a diverse group of customers. As an underwriting firm, we assess, assume and manage risk with insight and discipline. We process and pay our claims fairly and promptly. The company is also defined by its broad product and service offerings, extensive distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a constituent of the S&P 500 Index. Chubb has executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 34,000 people worldwide. Additional information can be found at: www.chubb.com.

SOURCE Chubb

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