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02/04/2021 Insurance Innovation
Chubb Studio is digital insurance in a box. Access our products, services and claims digitally. Integrate what we do into what you do.
Innovation details
Country
Bermuda
Category
Connected Insurance & Ecosystems
Keyword
Business insurance, Customer acquisition & loyalty, Customer experience, Insurance, Health insurance

Innovation presentation

Chubb Studio, is a global digital platform that simplifies and streamlines the distribution of Chubb's insurance products through its partners' digital channels around the world. The platform enables Chubb's partners in retail, e-commerce, banking, fintech, airline, telecommunications and other industries to add digital insurance options to their own product and service offerings. Chubb Studio provides partner companies with digital access to Chubb's extensive range of consumer insurance products, 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 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 deeper in-path deployments."

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