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Catastrophic Cyber Risks – A Growing Concern

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Catastrophic Cyber Risks – A Growing Concern

As the world digitises, the frequency, severity, and sophistication of cyber incidents are increasing along with the dependency on technology.

Cyber criminals have already demonstrated their ability to disrupt supply chains for businesses around the world and cripple critical infrastructure. Meanwhile, the steadily increasing adoption of cyber insurance means that more companies have protection, but also that cyber risk aggregation is expanding for the insurance industry.

Why Chubb?
Why Chubb?

We’re experts in cyber insurance – and we care about your company

Whether your business is big or small, takes you around the world or just around town, Chubb is there for you. Our breadth of experience in employers’ liability insurance means we can provide the guidance and service you need, whenever you need it, wherever you may be.

Partnership that’s personal
We work to understand your business and where you’re heading so we can be proactive about meeting your needs. We invest in getting to know you, your team and your customers. The goal: to help you see ahead, be ahead and stay ahead.

 

Creative problem-solving
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.

 

Unmatched expertise and financial strength
We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise and financial strength are the bedrock of our business.
 

TIPS AND RESOURCES

Catastrophic Cyber Risks - A Growing Concern:

Chubb’s whitepaper examines several types of cyber events that, particularly in combination, have the potential to be catastrophic.

Cyber Systemic Risk Broker FAQs:

FAQ document for insurance brokers about Chubb's approach to insuring widespread cyber events. This approach will leverage concepts familiar to most brokers and clients who are experienced with property catastrophe insurance.

A New Approach to Address Growing Cyber Risks:

Chubb has introduced a flexible and sustainable approach to address growing cyber risks. Learn more about Chubb’s new endorsements for Widespread Events, Neglected Software Vulnerabilities, and Ransomware Encounters.

Widespread Events - Claims Examples

Read our case studies on a global operating system cyber attack and a worldwide outage of common software solution.

Neglected Software Vulnerabilities - Claims Examples

Read our case studies on server and no patching vulnerabilities.

HAVE A QUESTION?