Aon & Chubb launch digital insurance platform for SMEs in France

Global insurance and reinsurance broker Aon has partnered with Chubb to provide small and medium-sized businesses in France with an efficient means to understand coverage options and purchase insurance online.

The new digital Aon platform in France is powered by the broker’s CoverWallet company, offers more than 10 insurance products from global re/insurer Chubb and reduces the time it takes to acquire insurance from days to just minutes. Antoine Lamy-Rested, Chief Commercial Officer, Aon France, commented: “Simplifying the insurance journey and helping our clients focus on their core business is at the heart of our mission with this new offering, which is a major step ahead for small and medium-sized businesses. 

“By leveraging our internal digital strengths and our expertise in Commercial Risk, we offer our clients quick and easy access to high-performance insurance products that meet their needs.” Santiago Sanchez, Head of Digital, Europe, Chubb, added: “We are proud to launch this platform in France. Diversifying our distribution channels is a core component of our digital ambition.

“The combination of our product range, underwriting expertise, claims service and our ability to quickly integrate our offerings ideally positions Chubb to meet the needs of small commercial enterprises in France through this collaboration with Aon and CoverWallet.” Aon completed the acquisition of CoverWallet in January 2020, enabling the broker to leverage the SME InsurTech’s data & analytics capabilities and technology. The CoverWallet platform brings together science, user experience design and analytics to make insurance easier for businesses.

Through the platform, businesses can get quotes for multiple products, compare coverage details, pay with either a credit card or bank account, instantly download their proof coverage, and also speak with an insurance specialist if they have any queries. Elena Gonzalez-Blanco, General Manager of Europe at CoverWallet, said: “By bringing together Aon’s insurance expertise, Chubb’s insurance products, and CoverWallet’s technology and operating model, we have created a unique offering that delivers the best of all worlds for small businesses.

“As a part of Aon, we are able to scale our business globally to bring our digital capabilities to clients around the world at an accelerated pace.”

Source: Reinsurance News