Chubb and Habi announce new partnership to launch digital insurance offering

Chubb and Habi announced yesterday the signing of an alliance to provide Habi users the possibility of accessing a digital insurance offer.

“At Chubb, we are proud to be able to deliver an optimized experience that allows customers to select the insurance policies they need in an easy and intuitive way, in a few steps,” said Fabio Cabral, president of Chubb Colombia.

Specifically, the first product of the new alliance will be insurance to protect family assets. There will be three coverage plans, which include damage or loss of personal property in houses and apartments, caused by fire, accidents and theft, among others.

“We hope to co-design innovative insurance solutions with the Habi team, with a specific focus on the experience of their customers and the digital experience, creating unique value propositions for such an important moment as buying a house”, added Cabral.

Chubb has operations in 54 countries and territories and among its offerings are commercial and personal property and civil liability insurance, personal accident and complementary health, life and reinsurance to a diverse group of clients.

“We are sure that together with Chubb we will bring more agility and liquidity to Colombian families who need to feel safe and calm when buying a property,” said Germán Rueda, Vice President of Credit at Habi.

In May of last year, Habi became the second unicorn in the country with an equity round for US$200 million. The type C financing round was led by large investment funds in the United States, including Homebrew, SoftBank, Inspired Capital and Tiger Global.

“This is just the beginning of a partnership that will benefit thousands of families in our country,” said Rueda.

It is worth remembering that this same month, Habi launched its first credit-oriented experience center in Bogotá, called “Habicredit”. It is a space in which we will facilitate obtaining financing, with a reduction of more than 80% in the times of request, approval and disbursement of a loan.

The goal with the new space is to achieve a disbursement of $100,000 million per month at the end of the year.