Business

Chubb launches insurance partnership with Revolut 

The partnership will provide a wide range of coverage for Revolut's customers, including purchase protection, refund protection and ticket cancellation

Chubb has announced the launch of a new insurance partnership with Revolut, a financial technology company that delivers digital banking services.

The partnership will provide a wide range of coverage for Revolut’s customers, including purchase protection, refund protection and ticket cancellation, in cases where a Revolut account is used. The programme will be rolled out across 22 countries.

The policy also offers coverage where a customer has a confirmed diagnosis of Covid-19 and is therefore unable to use event tickets purchased using their Revolut account.

Chubb was reportedly selected as the carrier due to its multinational capabilities and global footprint, as well as its leading accident and health propositions and “strong” partnerships expertise. 

Florian Eisele, director of Accident and Health, Continental Europe, 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.”

Goulven Thépot, regional head of Underwriting, Accident and Health, Continental Europe, said: “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.”

Felix Jamestin, head of Premium Product at Revolut, 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.”

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