Chubb is teaming up with insurtech firm Bunker to fuel the start-up’s development of usage-based insurance (UBI) products for flexible workers. The company has raised $45 million in venture funding from investors including Andreessen Horowitz, General Catalyst, and Lightspeed Venture Partners.
Chubb is teaming up with insurtech firm Bunker to fuel the start-up’s development of usage-based insurance (UBI) products for flexible workers. Chubb’s investment follows “triple-digit” policy growth for Bunker, which first worked with Chubb on a UBI insurance offering last year.