@WallStreetBaker
Nice win for shareholders!!
Australian telecommunications company, United Networks Limited (United) (ASX: UNL), has signed an agreement with Chubb Insurance Australia Limited (Chubb) to distribute it’s Wi-Fi Data product to the insurer’s selected travel insurance customers.
Chubb is the world's largest publicly traded property and casualty insurer, providing commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance.
According to United CEO, Mr Nicholas Ghattas, partnering with a leading global insurance provider like Chubb demonstrates the value of United's product and significantly increases the app's reach.
According to Chubb's Head of Travel for Asia-Pacific, Jon Ford, offering the Wi-Fi app under Chubb's brand to customers is a value-add service for the highly connected and mobile consumers of today.
Since the product's launch in January 2017, selected existing "white label" partners and new partners have begun testing the app, which United sees as an indication of a wider commerical rollout of the app under client brand names.
The terms of the agreement are for an initial 12-month period.
@WallStreetBaker Nice win for shareholders!! Australian...
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