Chubb, Zurich-based world’s largest publicly traded property and casualty insurance company, has joined with Grab in order to launch Travel Cover. Grab is one of the one of the leading app in Southeast. The users of Grab users purchasing Travel Cover will be able to save their travel profiles on the Grab app, enabling the future purchases easier. For each repurchase of Travel Cover, the users will be rewarded with discounts.
Tom Duncan, Head of Insurance at Grab, said, “Our mission with GrabInsure is to provide access to affordable insurance products that better meet the everyday needs of Southeast Asians as we enter the consumer insurance market. Our customer research shows that many individuals were uninsured when they travel, and we are uniquely placed to address this gap.
Travel Cover is an example of how we are leveraging GrabInsure’s platform to deliver innovative ‘on-demand’ insurance products. We are pleased to be working with Chubb as they share our vision to make insurance affordable and easily accessible. We will continue to work closely together to expand the product offering and address the differing consumer needs across the region.”
