SoFi offers members the personal cyber protection of Chubb’s BLINK

NEW YORK, September 22, 2022 / PRNewswire / – blinksSM by Chubb® announced today that it will partner with SoFi (NASDAQ: SOFI), the digital personal finance company, to help SoFi members protect their holistic digital footprint with the launch of personal cyber insurance.

Blink by Chubb offers a suite of Chubb-backed personal insurance products distributed through the company’s digital brokers and affinity partners, such as SoFi. Chubb is the largest publicly traded property and casualty insurance company.

Blink Cyber ​​is a stand-alone insurance policy that addresses the needs of customers who face the growing risk of cyber attacks. The policy covers expenses related to a personal cyber event, including cyber bullying, phishing scams, ransomware extortion and cyber financial fraud.

“At SoFi, everything we do is geared towards helping people get the right money and we have built our business around the mission of helping people achieve financial independence to fulfill their ambitions,” he said. Jennifer Nuckles, SoFi’s EVP and Group Business Unit Leader, Relay, Lantern, Content, At Work, Partnerships and Protect. “And while this longstanding member-centric, mission-based approach will always guide our strategy, we also know how important it is to remain agile as we evolve our products and services to support our more than 4.3 million SoFi members in a rapid The addition of Blink Cyber ​​to SoFi Protect’s portfolio of insurance offerings underscores this commitment by providing our members with a robust cyber insurance offering to protect themselves against unforeseen obstacles in the digital world, such as identity theft, data loss and online scams, which emerge along the way. “

“SoFi and Blink by Chubb share an ambition to provide simple, easy-to-understand and affordable personal cyber insurance to safeguard consumers in a world increasingly connected through digital means,” he said. Leslie Marshall, Senior Vice President, Chubb’s Head of Blink. “Whether you use social media accounts on a daily basis or have smart home devices to control your personal climate, our expanding digital world offers more access points for bad guys to take control and Blink Cyber ​​is an easy way to provide the right coverage at the right time “.

About Chubb

Chubb is the largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal and accident insurance, personal accident and supplementary health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we evaluate, assume and manage risk with insight and discipline. We provide assistance and pay our complaints fairly and in a timely manner. The company is also defined by its broad product and service offering, broad 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 constituent of the S&P 500 index. Chubb has executive offices in Zurich, New York, London, Paris and other locations and employs approximately 34,000 people in total. the world. Further information can be found at: www.chubb.com

About SoFi

SoFi helps people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing and protecting give our more than four million members quick access to the tools to get the right money. SoFi membership includes the essentials to move forward, including career counselors and connecting to a thriving community of ambitious people. SoFi is also the naming rights partner of SoFi Stadium, home to the Los Angeles Chargers and Los Angeles Rams. For more information, visit SoFi.com or download our iOS and Android apps.

Chubb®’s Blink℠ is the trade name used to refer to subsidiaries of Chubb Limited that provide insurance and related services. For a list of these subsidiaries, visit our website at www.chubb.com. Property and Casualty products are underwritten by Ace American Insurance Company and its underwriting affiliates based in the United States. Accident, health, disability and life insurance products are underwritten by Combined Insurance Company of America (Chicago, IL) in all states except New York. In New Yorkthese products are underwritten by Combined Life Insurance Company of New York (Latham, New York). The Combined Insurance Company of America is not licensed and does not solicit business New York. Coverage contains exclusions and limitations and may not be available in all states.

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SOURCE Chubb

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