CHUBB
super apps and major airlines . These digital distribution partnerships provide us with an addressable market of more than 300 million customers , most of them in Latin America and Asia , who see our products through our digital distribution partners ’ business platforms .”
As Chubb focuses on its digital transformation journey and its entry and development of emerging markets , the corporation has also developed a platform called Chubb Studio that enables it to provide API technologies to connect with partners in record time . By embedding Chubb products in the partner ’ s ecosystem , the company is able to deliver contextual insurance offerings to customers seamlessly . To date , more than 19 million policies have been sold across the offer spectrum through Chubb Studio .
According to Lazaro , the technology has provided Chubb with a competitive advantage over other industry players . “ It ' s a cloud-based , easy-to-use API platform that fuels our businesses and partnerships while helping us to connect with our digital distribution partners . We can create products within their platforms in a very easy and fast manner , pulling our digital underwriting , claims and service capabilities together into one place .”
“ It provides scale because , as a global platform , every time we incorporate another market or product , our partners are able to benefit from our expanded offerings .
Chubb Studio
8 chubb . com