Chubb has launched a new cyber insurance brand. Hippo is partnering with ADT to offer access to smart home services. HSB has introduced new workplace violence coverage for small and midsize businesses.
Chubb has launched Blink by Chubb, a new brand focused on delivering easy, effortless and affordable insurance products for digitally savvy consumers.
Chubb’s affinity and digital broker partners will be able to offer Blink to their customers to supplement their own products and services. The first Blink product, available now in 25 states, is personal cyber protection.
Chubb said Blink offers flexible, customizable coverage options and that the policies are modular and written in plain, understandable language.
Chubb noted in a statement that, “for about the cost of a cup of coffee or an ice cream cone each month, consumers can purchase $10,000 in cyber protection coverage for one household.”
InsurTech Hippo is partnering with ADT to add professionally installed and monitored smart home services and discounts for home insurance customers.
Hippo customers in select states who enroll in its smart home program will be offered free installation of an ADT smart home security system and a range of smart devices with their home insurance policy and will be eligible for Hippo smart home discounts. Meanwhile, ADT’s existing customers in some states may be eligible to receive smart home discounts on home insurance premiums offered through Hippo Insurance Services. Customers new to both ADT and Hippo can receive ADT’s most advanced smart home security system complete with burglary, life safety and water intrusion monitoring devices, a video doorbell camera, and two months of ADT professional monitoring, rolling out later this year.
ADT smart home installation professionals can also help connect the customers’ existing, compatible smart home devices to create a seamless and convenient smart home security customer experience. Hippo customers with ADT professional monitoring services may also receive a discount on their homeowners insurance premiums.
HSB has introduced new workplace violence insurance coverage for small and midsize businesses, providing counseling, crisis communications, lost business income and security services to help companies and their employees respond and recover after a violent event.
HSB Workplace Violence Response coverage includes a security assessment and recommendations, guard services, and counseling for employees and their immediate family members. The coverage helps support businesses and their employees as they respond to and recover from a threat or an act of physical violence that involves a weapon and occurs at the worksite. It includes the area within 100 feet of the client business and has a broad definition of “weapon.” It also can cover events that don’t involve a weapon but result in a workplace homicide.
HSB Workplace Violence Response coverage is available as an endorsement to the small business policies of P/C insurance companies that partner with HSB.