Chubb, the global property and casualty specialist, has made several key improvements to its digital Worldview platform, including improved premium tracking functionality for captive insurance.
Worldview is a web-based platform that provides clients and brokers with real-time access to Chubb’s systems and expertise in one application.
The improved premium tracking functionality for captives will provide the status of all payments in a single view, making seeing and reporting when premium payments have been completed, quick and convenient–even on a global basis.
It will also provide users with a holistic view of activity across all programmes.
Additionally, reports are automatically delivered to users with insights for programmes renewing within the next 90 days, including any specific requirements for activities and/or documentation that must be completed prior to policy issuance.
Other notable enhancements to the platform include a new policy translation solution, which is exclusive to Chubb and its current multinational customers.
Matthew Merna, division president, Chubb North America Major Accounts, said the company is dedicated to providing its customers and brokers with “innovative resources to help manage their global risks”.
He added: “As multinational businesses steadily expand around the globe, they face recurrent regulatory, compliance and legal considerations which continue to evolve.”
“Chubb Global Services provides a suite of services that enables multinational customers to cut through many of the complexities surrounding the issuance of local policies, paying claims, and customising programmes and services worldwide, in a timely manner.”