Information & Telecommunications Technology

Chubb insures many of the world’s leading telecommunications and IT companies.

Why telecommunications and IT companies choose Chubb

  • Over 20 years’ experience insuring technology companies
  • Genuine understanding of issues you and your business face
  • A global company with dedicated resources worldwide
  • Proven underwriting expertise specific to ICT companies
  • Award-winning claim service
  • Loss control specialists who offer loss prevention and risk management advice.

What we offer

  • Flexible, broad and diverse cover
  • Choice of insurance package to suit individual needs, from small start up companies, through to multinationals
  • Products specifically designed to meet the requirements of emerging technology companies such as Innovator from Chubb.

Industry specific products

  • Innovator from Chubb : designed to meet the specific requirements of emerging technology companies
  • ICT package : A package policy consisting of some or all of the covers listed below.
  • ICT Liability package : A combination of liability insurance cover (employers liability, product liability and errors and omissions).
  • ICT Errors and omissions : Provides cover if your product or service fails to perform.
  • ICT Property : A policy that covers physical site and equipment.

Insurance covers available

Can be purchased individually or in a combined package. Ask us how we can meet your specific requirements.

Innovator from Chubb for emerging technologies

Innovator from Chubb is our unique new insurance solution for emerging IT and communications companies.

What can Innovator from Chubb cover?

  • Errors and omissions liability section provides cover if your product or service fails to perform
  • Employers liability section covers your legal liability to employees
  • Products and public liability section covers legal liabilities to employees and third parties
  • Property section covers physical site and equipment
  • Business interruption section covers increased cost of working or gross revenue lost

Why choose Innovator from Chubb?

  • Knowledge and experience to help you and your business
  • Proven underwriting expertise specific to emerging IT and communications companies
  • Affordable cover for small or emerging companies on an easy free direct debit basis
  • Policies that are issued within 48 hours of receiving the customer’s instructions
  • Flexible cover that can expand as your business expands

Innovator from Chubb is available through three specialist brokers. For more details either ask us or contact one of the brokers listed:

Business interruption

"All risks" protection coverages can include:
  • Flexible cover for consequential losses and increased cost of working
  • No maximum indemnity period
  • New product delay
  • Cost of legal requirements associated to relocate and design cell towers

Research and development

"All risks" protection coverages can include:
  • R&D property directly associated with R&D operations
  • Loss of future R&D expenditure
  • Protection of R&D expenditure directly related to the development of new products or enhancements to existing products

Liability

  • Employer's liability
  • Public and products liability
  • Errors and omissions including:
    • Infringement of intellectual property of others
    • Advertising and personal injury

Property

  • Information technology industries
    "All risks" protection coverages can include:
    • Electronic data processing
    • Property
    • Media
  • Telecommunications industries
    "All risks" protection coverages can include:
    • Full cover for telecommunications infrastructure: cell site premises, towers and antennae, overhead communications, transmission or distribution equipment, underground, submarine and overhead communications lines, mobile telecommunications equipment
    • Buildings under construction, alterations to existing structures, building components, contractors’ equipment

Additional Chubb coverages

  • Directors and officers liability
  • Crime; fiduciary; kidnap/ransom
  • Political risk
  • Personal accident
  • Business travel
  • Marine/goods in transit

For full details, please contact us at your nearest Chubb branch.

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