Chubb today unveiled Chubb Ignite, its online platform for brokers and their small and medium sized (SME) and middle market clients in the UK and Ireland, as it continues to invest in digital innovation to provide speedy and efficient service to the broking community.
Chubb Ignite allows brokers to quote and bind within minutes, with instant documentation available online or via email. Backed up by a team of experienced underwriters who are available to answer queries and with marketing support available at the point of sale, the platform provides a frictionless experience to trading with Chubb. Other key benefits include:
A truly client centric approach to trading with client information in one place, across all products.
Ability to make changes and edit policy details online without the need to contact an underwriter.
Online renewal management.
Suite of tailored marketing and point of sale materials available at the point of sale as well as a range of online fact sheets and guides providing risk advice for clients.
Electronic policy documents and debit notes issued immediately.
The platform gives brokers enhanced cross-selling opportunities with two products already available:
Chubb Elite Plus Management Liability protects company directors against civil, criminal and regulatory proceedings arising from their role. The policy includes a broad range of benefits for business owners in the UK, including cover for directors and officers, corporate legal and employment practices liability, employee dishonesty and kidnap and extortion.
Cyber insurance which provides cover for both first party costs and expenses and third party claims arising out of cyber incidents such as data breaches; network outages; denial of service attacks; extortion attempts; or human error.
A number of new products will become available via Chubb Ignite over the coming months, including accident and health, modular financial lines, office package, excess casualty, environmental, marine and more.
Diane Davidson, Head of eBroking for Chubb in the UK and Ireland, said:
“About 99% of the UK’s 5.5 million companies have fewer than 250 employees. At Chubb we want to give UK and Irish small, medium and middle market businesses the same comprehensive insurance cover and high quality service that bigger companies typically enjoy. Chubb Ignite reflects our commitment to invest in the capabilities offered by digital innovation to give brokers and their SME and middle market clients the value-added services they need to grow in confidence and help them save up time and resources.”
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad 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 component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: chubb.com/uk
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