SoFi offers members personal electronic protection from BLINK by Chubb

New YorkAnd the September 22 2022 /PRNewswire/ – BlinkSM by Chubb® announced today that it will partner with SoFi (NASDAQ: SOFI), the digital personal finance company, to help SoFi members protect their overall digital footprint with the launch of Online personal insurance.

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

Blink Cyber ​​is a stand-alone insurance policy that caters to customers facing the increased risk of cyber attacks. The policy responds to expenses related to a personal electronic event, including cyberbullying, phishing, extortion, ransomware and online financial fraud.

“At SoFi, everything we do is geared toward helping people get their money right, and we’ve built our business around a mission to help people reach financial independence to fulfill their ambitions,” he said. Jennifer Nichols, executive vice president of SoFi and leader of the collective business unit, Relay, Lantern, Content, at Work, Partnerships, & Protect. “And while this long-term, members-first, mission-oriented approach will always guide our strategy, we also know how important it is that we maintain flexibility as we develop our products and services to support the over 4.3 million members of SoFi in the fastest digital world. The addition of Blink Cyber ​​to the SoFi Protect portfolio of insurance offerings underscores this commitment by providing our members with a robust cyber insurance offering to protect against unexpected hurdles in the digital world – such as identity theft, data loss, and online fraud – that appear along the way.”

“SoFi and Blink by Chubb share common ambitions to provide simple, easy-to-understand and affordable personal electronic insurance to protect consumers in an increasingly connected world through digital means,” he said. Leslie Marshall, Senior Vice President, President of Blink by Chubb. “Whether you use social media accounts daily or have smart home devices to control your personal climate, our expanding digital world provides increasing access points for bad actors to seize control, and Blink Cyber ​​is an easy way to provide the right coverage at the right time.”

about chubb

Chubb is the world’s largest property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property, casualty, personal accident, supplemental health insurance, reinsurance, and life insurance to a diverse range of clients. As an underwriting firm, we assess, assume and manage risks with insight and discipline. We serve and pay our claims fairly and promptly. The company is also defined by its comprehensive 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 component of the S&P 500 Index. Chubb has executive offices in Zurich, New York, London, Paris and other locations, and employs nearly 34,000 people worldwide. Additional information can be found at: www.chubb.com

About SoFi

SoFi helps people achieve financial independence to achieve their ambitions. Our Borrow, Save, Spend, Invest, and Protect products give our four million+ members quick access to the tools to get their money right. SoFi membership comes with the basic essentials going forward, including career advisors and connection to a thriving community of ambitious people. SoFi is also a naming rights partner for SoFi Stadium, home of the Los Angeles Chargers and Los Angeles Rams. For more information visit SoFi.com Or download our apps on iOS and Android.

Blink℠ by Chubb® is the marketing name used to refer to affiliates of Chubb Limited that provide insurance and related services. For a list of these affiliates, please visit our website at www.chubb.com. Property and casualty products are insured by Ace American Insurance Company and its subsidiaries in the United States. Accident, health, disability, and life insurance products are insured by the American Mutual Insurance Corporation (Chicago, IL) in all states except New York. in New YorkThese products are insured by Combined Life Insurance Company of New York (Latham, New York). The American joint insurance company is not licensed and does not require business in it New York. Coverages have exceptions and limitations and may not be available in all states.

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