Hippo’s Connect first insurance marketplace to offer cyber protection from BLINK by Chubb

Hippo’s Connect first insurance marketplace to offer cyber protection from BLINK by Chubb

Blink Cyber ​​Insurance protects against cyber extortion, identity theft and cyber bullying, and covers the costs of restoring and replacing electronic data

NEW YORK AND PALO ALTO, May 23, 2022 /PRNewswire/ – First Connect and Blink today announced a collaboration to make personal cyber insurance protection available to independent agents participating in First Connect’s insurtech marketplace platform.

First Connect, a digital platform designed to provide independent agents with access to some of the nation’s leading insurance technology carriers, will offer a cyber protection insurance product underwritten by BlinkSM by Chubb®. Blink Cyber ​​Protection, backed by Chubb, the world’s largest publicly traded property and casualty insurance company, offers independent coverage that insures customers against cyber risks such as cyberbullying, online extortion and identity theft, and covers costs of restoration and replacement of electronic data.

First Connect Insurance Services LLC, a subsidiary of Hippo Insurance Group, was created to provide independent agencies with access to national insurance technology carriers with zero access fees. Blink by Chubb offers personal insurance products distributed through employee benefits, D2C, insurance carriers, digital intermediaries and affinity partners, including First Connect.

The Blink and First Connect partnership provides agents with modern cyber coverage designed to help consumers protect their ever-growing digital footprints from bad actors capable of causing emotional or financial harm.

“With multiple devices and online accounts, cyber protection is a necessity in today’s always-connected world,” said President of First Connect. Aviad Pinkovezky. “By offering Blink’s Cyber ​​Protection, small and medium-sized agencies gain access to another national carrier and a growing list of fully digital products available on First Connect that can be easily combined with other types of coverage.”

Blink Cyber ​​Defense addresses the needs of customers facing the all-too-common risk of cyber-attacks. Victims of cyberbullying are covered for related costs resulting from repeated harassment via an electronic device, including psychiatric services and temporary relocation costs. Blink helps customers recover from identity theft or cyber extortion by covering the cost of hiring professional services and the cash or digital currency paid as a reward.

With Blink, cyber specialists can respond to claims of identity theft and cyber extortion within 24 hours. The policy provides cover for everyone in a household, including dependents up to the age of 24, and can be extended to up to five additional households to protect customers’ shared digital world.

“Blink is delighted to offer First Connect agents simple, jargon-free personal cyber insurance to help protect their customers’ digital lives,” it said. Laura Bennett, Senior Vice President of eConsumer for Chubb in North America. “First Connect’s approach to providing fast quotes and near-instant connections made it a natural platform to provide Cyber ​​Defense to independent agencies.”

To learn more about how First Connect provides independent agencies access to leading insurance technology carriers or to sign up, visit firstconnectinsurance.com. Additional information about Blink by Chubb can be found at www.blinkinsured.com.

About Hippo

Hippo’s goal is to make homes safer and more secure so customers can spend less time worrying about the burdens of home ownership and more time enjoying their homes and life inside. By leveraging real-time data, smart home technology and a growing set of home services, we’re creating the first integrated home security platform. Hippo is headquartered in Palo Alto, California and offers insurance products that are available to more than 80 percent of U.S. homeowners in 38 states. First Connect Insurance Services LLC is a licensed property casualty agency appointed by various insurance companies. For more information, including licensing information, visit http://www.hippo.com.

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb offers commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an insurance company, we assess, take and manage risk with knowledge and discipline. We service and pay our claims fairly and quickly. The company is also defined by its broad product and service offerings, extensive distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB ) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other countries, and employs approximately 31,000 people worldwide. Additional information can be found at: www.chubb.com.

SOURCE Chubb and Hippo

For more information: Mark Olson, [email protected]; Karyn Faggello, [email protected]

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