Chubb’s Cyber ERM Version 2 builds on the strengths of Chubb’s Cyber ERM wording and protects against disasters such as loss of availability, data breaches, data corruption, ransomware and online media events covering both third-party liability and first-party losses from malicious acts or negligence.
It includes extensive pre-loss mitigation, post-event crisis management and risk transfer solutions to address the growing cyber and data privacy risks facing companies today.
Incident Response: Chubb policyholders have access to our network of Incident Response Management firms around the world via a hotline, the Chubb Cyber Alert mobile application, or the Chubb Cyber Alert website. We support clients throughout an incident using a network of forensic, remediation, cyber extortion, legal, notification, fraud remediation and public relations experts. This service is available 24 hours a day, 365 days a year.
Third-party liability coverage protects the insured for liability resulting from the loss of personal and corporate confidential information. Some highlights include coverage for:
First-party coverage is designed to minimise the effects of a cyber event. Some highlights include coverage for:
We offer protection against regulator actions for data privacy breaches where insurable by law. This includes cover for defence costs, regulatory fines and consumer redress payments.