Imaginatik, a provider of cost reduction and process improvement software, has signed a contract extension with The Chubb Corp., a provider of property and casualty insurance products and services.
According to Imaginatik, Chubb is using its core software, Idea Central, to capture and help develop business ideas throughout its workforce. Chubb also is using the online software tool to collaborate with suppliers, agents and brokers on the development of innovative products, services, cost savings and other concepts, said Imaginatik.
Jon Bidwell, senior vice president of global innovation at Chubb, said: Chubb has long been a leader in developing innovative products and services that help our customers manage emerging risks. We are always investing in new tools and processes that facilitate collaboration on innovative concepts across our enterprise.
Mark Turrell, CEO of Imaginatik, said: We are delighted to be able to announce another significant contract win in 2009. This extension with Chubb is an excellent example of Imaginatik’s growing ability to expand its customer relationships and provides strong evidence that Idea Central facilitates collaboration among internal stakeholders and external suppliers, agents and partners in the innovation process.
