Jove Teams Up with Chubb to Unveil UK’s First Digital Insurance Program for Tech Contractors
In the evolving landscape of freelance work, Jove, a pioneering InsurTech company based in the UK, has partnered with Chubb, a global leader in insurance, to introduce a groundbreaking fully digital insurance programme tailored for technology contractors and businesses across the UK. This innovative solution addresses the unique challenges faced by tech professionals, ensuring they receive the coverage they need without unnecessary costs.
Revolutionizing Insurance for Tech Professionals
As freelance and contract work gains prominence, traditional insurance options often fall short. Jove’s new programme is designed to provide targeted protection specifically for technology companies and contractors. This initiative signifies a major shift in how insurance is approached within the tech sector.
Key Features of Jove’s Insurance Programme
Jove’s partnership with Chubb aims to simplify insurance coverage through digital innovation and expert insurance solutions. The programme includes:
- Professional Indemnity: Protects against claims of negligence or mistakes in professional services.
- Employer’s Liability: Covers legal costs and compensation for employee injuries or illnesses.
- Public Liability Insurance: Safeguards against claims involving injury or property damage to third parties.
Additional features of the programme include:
- Flexible Annual Policies: Choose monthly payments to better manage cash flow.
- Pause Option: Temporarily suspend coverage during downtime without losing benefits.
- Short-Term Contracts: Coverage available for project durations of 3 to 9 months.
- International Coverage: Temporary insurance for UK-based professionals working abroad.
Seamless Digital Experience with Chubb Studio®
The insurance programme is powered by Chubb Studio®, which ensures a smooth digital experience from policy setup to claims processing. This integration allows Jove to customize offerings swiftly, enhancing accessibility for clients.
Statements from Leadership
Amanda Cai, CEO of Jove, expressed her enthusiasm about the partnership, stating, “This collaboration represents a significant milestone in delivering innovative insurance solutions to the UK market. We are committed to addressing the unique needs of technology companies and contractors, allowing them to focus on their core activities while being confident in their coverage.”
Hilda Toh, Chubb’s Chief Underwriting Officer for UKISA, added, “We are thrilled to partner with Jove, enabling UK-based technology contractors and companies to operate internationally with confidence. Our collaborative efforts have developed an insurance portfolio that provides real value to Jove’s clients.”
For more information about Jove’s innovative insurance solutions, visit their official website at Jove or explore additional insights on the importance of tailored insurance for technology professionals on Chubb’s website.
