The new product is available online via Chubb Studio and offers coverage of up to $75,000 in the event of accidental death. It also includes provisions for funeral expenses, ambulance services, and broken bones.

This initiative aims to provide customers with digital tools that streamline the process of quoting and purchasing insurance. Ivelisse Valentín, Director of Insurance at Oriental, emphasized the convenience of the platform, stating, “At Oriental Insurance, we seek to offer our customers digital tools that facilitate the processes when quoting or purchasing insurance. With this platform, customers will be able to carry out the process from wherever they want, whenever they want from any computer, tablet or cellphone. It’s an easy, fast and safe process. After completing the entire process, the customer will have the policy information immediately.”

Javier Méndez, Vice President of Chubb, highlighted the importance of partnerships in expanding reach and promoting insurance culture. “Partnerships are essential to reach a broader audience. Incorporating digital insurance integrated into the transaction flow of companies like Oriental Insurance allows them to deliver personalized insurance adapted to needs, services and loyalty to their clients and Chubb to continue promoting the insurance culture in the country.” Méndez said.

Oriental Insurance’s parent company, OFG Bancorp, also owns Oriental Bank, one of the largest banks in Puerto Rico. This new product marks a significant step in enhancing the digital insurance offerings for customers in the region.