Chubb has introduced Travel Pro, a new suite of digital-first travel insurance products designed to help travelers manage disruptions more effectively. Unveiled at the World Aviation Festival in Lisbon, this offering aims to simplify travel insurance and address common challenges faced by global travelers, such as flight delays, baggage issues, unpredictable weather, and medical emergencies.
Travel Pro is a parametric insurance solution, which means it can be integrated directly into the travel booking process. Through partnerships with airlines, online travel agencies, financial institutions, and other digital sales platforms, the product can be easily added to a traveler’s itinerary.
Powered by Chubb Studio®, the company’s proprietary tech platform for embedded partnerships, Travel Pro streamlines the claims process with automatic triggers and near-instant payouts.
“Today’s travelers face a range of challenges, from flight delays and cancellations to lost luggage and medical emergencies,” said Alex Blake, Chubb’s Global Head of Travel Insurance. “With Travel Pro, we’re leveraging data and technology to help travelers navigate their journeys with greater confidence, protecting them against unforeseen disruptions.”
Key features of Travel Pro include:
Customizable coverage options: Travelers can adjust delay thresholds, with flexibility ranging from minutes to hours.
Quick payouts: Options include airline miles, lounge access, direct debit, virtual cards, or e-vouchers.
Baggage delay support: Real-time tracking, fast claim settlements, and assistance with retrieving lost luggage.
Weather guarantee: Automatic payouts for disruptions caused by adverse weather.
Medical emergencies: Immediate financial relief and quick reimbursement for medical expenses.
Chubb claims that by combining automation, real-time data, and embedded technology, Travel Pro marks a significant step forward in modernizing how travelers protect themselves in an increasingly unpredictable world.
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