Property and casualty insurer Chubb has entered into an insurance partnership with financial technology company Revolut that offers digital banking services.

Under the tie-up, the insurer will provide a range of coverage for customers of Revolut, including purchase protection, refund protection and ticket cancellation, when Revolut account is used for such transactions.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The policy also offers coverage when a customer is diagnosed with Covid-19 and is therefore unable to use event tickets booked through their Revolut account.

Chubb Continental Europe director of Accident and Health Florian Eisele said: “We are delighted with our new digital partnership with Revolut. We strive to build long-term, successful relationships with our insurance partners that deliver value for the partner and their clients. For us Revolut is a good example of digital innovation that aligns with our own ambitions.”

Chubb Continental Europe regional head of Underwriting, Accident and Health Goulven Thépot added: “Our new partnership with Revolut marks a significant step for Chubb as we continue to drive relationships in the digital space. We are looking forward to working with the Revolut team to deliver valuable insurance solutions to their customers.”

Revolut selected Chubb as the carrier considering its multinational capabilities and global footprint. The company plans to roll out the programme across 22 countries.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Revolut head of Premium Product Felix Jamestin said: “We’re always looking to provide the best value possible to our customers and help them get more from their money. We’re constantly improving our paid plans and are delighted to partner with Chubb to add purchase protection, refund protection and ticket cancellation for our customers.”

In December 2020, Chubb joined forces with Brazilian neobank Nubank to roll out a fully digital life insurance offering in Brazil.