NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Chubb announced
today the launch of BLINKSM by Chubb®, a new
brand focused on delivering easy, effortless and affordable
insurance products for digitally savvy consumers.
Blink is a suite of Chubb-backed consumer insurance products
that the company's affinity and digital broker partners will be
able to offer to their customers, supplementing their own products
and services with relevant offerings that can deepen customer
relationships and loyalty. The first Blink product, available now
in 25 states, is personal cyber protection.
"Consumers will have the ability to select coverage options they
need now, at their current stage of life, through brands they
already love and trust," said Laura
Bennett, Senior Vice President of eConsumer for Chubb in
North America. "Blink will appeal
to consumer-savvy companies looking to create added value and
increase customer loyalty through an insurance offering backed
and sold by an industry leader like Chubb. Whether it's an offer
made alongside a purchase, or an integrated experience using Blink
APIs, Blink reimagines how customers experience insurance in the
digital world."
With the financial strength, product breadth and underwriting
excellence offered by Chubb, the world's largest publicly traded
property and casualty insurer, Blink offers more than just a new
digital insurance option. With Blink, customers get Chubb's
deep insurance expertise, world-class claims service as well as an
end-to-end digital experience to make the purchase and service
experience effortless.
Blink offers flexible, customizable coverage options. Policies
are modular, and written in plain, understandable language. In
short, the coverage is crafted for consumers who are just beginning
to identify their insurance needs and for those who know exactly
what coverages they want.
We live in an increasingly digital world with elevated cyber
risks associated with the new environment of remote working. A
Chubb survey revealed there is a significant gap between those who
are concerned about personal cyber security (more than 80%) and
those who have cyber insurance protection (just 16%).
Blink's Cyber Protection is an easy way to address that gap for
the customers of Chubb's affinity and digital broker partners. For
about the cost of a cup of coffee or an ice cream cone each month,
consumers can purchase $10,000 in
cyber protection coverage for one household. Increased
coverage limits can be purchased for extended protection for up to
five additional households to protect consumers' shared digital
worlds.
"Blink is an exciting evolution for Chubb, allowing us to help
ease first-time, or digitally-savvy, insurance consumers into the
right coverage at the right time in their lives," says Sean Ringsted, Executive Vice President,
Chubb Group, Chief Digital Officer
and Chief Risk Officer. "Chubb's proven track-record of scaling our
network of partnerships has opened new revenue opportunities as
well as created unique customer experiences in a digital
world."
For more information about adding Blink to your company's core
products and services, or to get a quote for Blink cyber
protection, visit www.blinkinsured.com (currently not
available in all states).
About Chubb
Chubb is the world's largest publicly traded property and
casualty insurance company. With operations in 54 countries and
territories, 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, Paris and other locations, and employs
approximately 31,000 people worldwide. Additional information can
be found at: www.chubb.com.
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SOURCE Chubb