Hang Seng Bank, Chubb enter exclusive 15-year distribution agreement

Chubb will offer Hang Seng banking customers general insurance products and solutions.

Hang Seng Bank and Chubb have entered into an exclusive 15-year distribution agreement.

Beginning July 2023, Chubb will offer Hang Seng banking customers general insurance products and solutions in Hong Kong.

Details of the general insurance products and solutions to be offered to customers will be announced closer to the launch date, the two organisations said in a press release.

“We are delighted to team up with Chubb to provide general insurance services that meet our customers’ diverse and growing demand for protection needs. With our unrivaled strength in digital distribution, customers will enjoy convenient access to a wide range of general insurance solutions,” said Rannie Lee, head of wealth and personal banking, Hang Seng Bank.