Nubank and Chubb reach 2 million active insurance policies in Brazil

Nubank, the world’s largest digital banking platform outside of Asia, and Chubb, a global leader in insurance, announced that they have reached a significant milestone of 2 million active insurance policies in Brazil.

Source: Nubank

Contributing to the success of the partnership is Nubank Vida, the first product co-created and launched by the companies in 2020, which has more than 1 million active policies.

Nubank and Chubb’s insurance products offer comprehensive and affordable coverage to customers and their loved ones when the unexpected happens. The simple online contracting process and transparent policy conditions make Nubank’s insurance a reliable and convenient choice for those seeking financial protection and peace-of-mind.

When we launched Nubank Vida, the perception of high cost, coupled with the lack of knowledge about available options in the market, prevented people from accessing life insurance for themselves and their families. That is why our proposal was very clear: Just as we had already helped create a new generation of financial services, we wanted to take the first step in democratizing access to insurance products with a practical offering that is fully adaptable to the customers’ needs,” says Livia Chanes, CEO of Nubank.

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