Property and casualty insurance coverage main Chubb has fashioned a partnership with Korean Air, a South Korean airline firm, to supply home and abroad journey insurance coverage merchandise.
The collaboration is geared toward permitting Korean Air passengers to plan for quite a few dangers that might come up whereas travelling regionally or internationally.
They embrace sudden medical payments, comparable to these related to Covid-19, in addition to journey and baggage delays, the theft of or injury of private gadgets, together with cell telephones.
Travellers should buy insurance coverage by way of the Korean Air web site or cellular app and add it to their reserving administration web page after shopping for their tickets.
Chubb nation president of common insurance coverage enterprise in South Korea Edward Kopp mentioned: “We’re honoured to accomplice with Korean Air, notably as journey confidence returns. The partnership is a joint effort by each corporations to permit travellers to journey overseas safely and extra conveniently.
“Chubb in Korea will proceed to supply our policyholders who’re travelling overseas with peace of thoughts by a variety of advantages and handy providers.”
Final month, Chubb launched a brand new enterprise entity to assist shoppers fight local weather change.
The brand new international local weather enterprise combines Chubb‘s underwriting and threat engineering experience with its companies concerned in offering conventional, various, and renewable power, local weather tech, agribusiness, and threat engineering providers.
In December 2022, the P&C insurance coverage main mentioned it can launch a know-how centre in Thessaloniki, Greece, to reinforce buyer expertise, enhance effectivity, and speed up the agency’s digital transformation.