Chubb has introduced a new digital travel insurance product called Travel Pro. The innovative solution is designed to seamlessly integrate into the travel booking processes of airlines, travel agencies, financial institutions, and other online platforms.
The announcement was made at the World Aviation Festival in Lisbon, Portugal.
Travel Pro offers a variety of travel coverage options, including parametric protection for weather-related disruptions, real-time baggage tracking, assistance in recovering lost luggage, and financial support for medical claims.
This product also includes flexible delay thresholds and various payout methods, such as e-vouchers, direct debit, airline miles, and access to airport lounges. It is powered by Chubb Studio, the company’s in-house platform for embedded insurance partnerships.
Alex Blake, Chubb’s Global Head of Travel Insurance, explained, “Today’s travellers face many challenges, from flight delays and cancellations to lost luggage and medical emergencies. With Travel Pro, we’re using technology and data to help travellers handle unexpected disruptions with more confidence.”
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