Grab, the leading on-demand transportation and fintech platform in Southeast Asia, has announced a partnership with Chubb, the world’s largest publicly traded property and casualty insurance company, to offer insurance solutions for Grab’s driver-partners. The partnership was announced as part of the launch of Grab Financial, the fintech platform within the Grab ecosystem. Encompassing all of Grab’s fintech offerings, Grab Financial offers payments services, rewards and loyalty services, financial services and agent services.

According to a survey published in June 2017, Grab’s driver-partners earn 32% more income on a per-hour basis compared with average worker wages across all of Grab’s markets. Grab solves critical transportation challenges to make transport freedom a reality for 620 million people in Southeast Asia. With operates in 54 countries and territories.