Imaginatik, a provider of cost reduction, process improvement and collaborative innovation software and processes, said Thursday that it has signed a contract extension with The Chubb Corporation, a global provider of property and casualty insurance products and services.

Chubb is now using Imaginatik's core software, Idea Central, to capture and help develop innovative 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.
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