Photo: Chubb’s Sunbury Cross, UK office.

In what the firms are calling a new alliance, Ban100 says they will offer a consolidated means for its customers to safeguard themselves against a range of risks, with insurance covering home, accident, funeral, and group life.

Ban100 and Chubb stated this this partnership serves to “ratify their commitment to bring financial inclusion and protection to the base segment of the population, especially in rural areas of the country, taking advantage of the insurer’s experience in omni-channel insurance distribution and digital integration capabilities through Chubb Studio.”

Héctor Chaves, president of Ban100, said the company is very proud of this new strategic alliance.

“It goes hand in hand with the purpose set for 2024 to benefit our customers through innovative and high-quality products,” he said. “This commitment to insurance will allow them to have a strengthened portfolio for their greater financial peace of mind and with which they will have professional advice and integrated services in order to be covered in the event of eventualities.”

Fabio Cabral, president of Chubb Seguros Colombia S.A., add that, “it fill us with pride…to accompany Ban100 in the implementation of its omnichannel distribution capabilities to provide an interconnected experience to its customers with products tailored to their needs and boost its growth in the digital insurance offer.”

Currently, Fabio Cabral serves as deputy country president in Colombia, reporting to Manuel Obregón. Cabral comes from AIG, where he served as General Manager for Ecuador. In his new role at Chubb, he is responsible for all product lines, the relationship with agents, insurance brokers and multi-line distribution partners, as well as the company’s functional areas in Colombia.

“We are pleased to welcome Fabio to our operation in Colombia. He has extensive experience in the insurance sector, having grown and developed sustainable businesses in the region,” said Marcos Gunn, Senior Vice President of Chubb Group and Regional President of Chubb Latin America. “His experience, extensive knowledge and skills in underwriting, marketing and distribution will be decisive for our customers, business partners and our more than 250 employees in the country.”

Cabral has more than 20 years of experience in the industry, mainly at AIG Seguros. He holds a bachelor’s degree in marketing from the Universidade da Cidade (Rio de Janeiro, Brazil), a certification in Business Management from the Getulio Vargas Foundation, a bachelor’s degree in Risk and Insurance from St. John’s University in New York and a certification in Customer Experience from EDES Business School in Ecuador.

Photos courtesy Chubb