Safeture signs 5-year extension deal with Chubb

Technology company Safeture announced a five-year agreement extension with Chubb, a publicly traded property and casualty insurance company. The contract value is worth a minimum of $2 million US over the next five years.

The strategic partnership between Chubb and Safeture began over three years ago when Chubb launched its Chubb Travel Smart App and Risk Portal, powered by Safeture. Safeture has also developed travel risk e-learning, in conjunction with Chubb, and additional multilingual support for its global markets.

“We are proud to deepen and strengthen our successful long term relationship with Chubb it further validates the technology and business value of our software platform. Chubb has been a valued partner over the years,” said Magnus Hultman, CEO of Safeture, in a prepared statement.

“Safeture has been a valuable partner for us, and its state of the art technology is a great compliment to our product roadmap for the coming years,” added Natasha Reoutt, vice-president, accident & health multinational business, in a statement.