Imaginatik plc, a provider of collaborative innovation software and processes, reports that it has signed a two year contract extension with The Chubb Corp. No financial details were disclosed.

As mentioned in a recent Insurance Networking News article, Imaginatik’s collective intelligence software platform and consultancy services have been supporting Chubb’s innovation program since 2008, being used for idea management, new product development and cost reduction. Imaginatik’s software, Idea Central, has facilitated open innovation by enabling collaboration between suppliers, agents and brokers.

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