Cyber Products

DigiTech® Enterprise Risk Management (DigiTech® ERM)

Chubb’s DigiTech® ERM policy incorporates insight gained from our 30+ years of experience underwriting technology-driven exposures. Providing a distinctive level of technology and cyber protection that only Chubb can offer, DigiTech® ERM combines market-leading cyber insurance with extensive loss mitigation and incident response services — giving you a comprehensive enterprise risk management solution to address your organization’s cyber risks.

Coverage Highlights

Competitive Advantages

  • Leading provider of technology and cyber risk solutions since first product was launched 30+ years ago
  • Coverage incorporates insight gained from years of claims and underwriting experience
  • Supported by Chubb’s extensive loss mitigation and incident response services
  • Extensive claims experience – helped notify more than 300 million individuals of a privacy breach
  • Highly customizable solutions to address clients' unique needs, regardless of size or type of risk
  • Cybercrime coverage is available by endorsement or under separate cover from Chubb’s industry-leading Fidelity and Crime products
  • Covers Cyber Incident Response Expenses, with expansive consumer-based solutions that are ahead of regulatory requirements
  • No minimum premiums; premiums scale for all risk sizes based on scope of coverage and limits
  • Most risk classes eligible for at least $10 million in limits; maximum capacity of $100 million available through Chubb’s Global Cyber Facility
  • Market-leading Chubb Marketplace offers online quoting and real-time policy issuance for eligible small risks; referred risks receive fast turnaround from your Chubb underwriter
  • Backed by the financial strength of Chubb’s A++ balance sheet
What All Cyber Criminals Know

Significantly more than half of all cyberattacks are directed at small and mid-sized businesses, and that number is steadily increasing. Read more about what measures you can take to help prevent a cyberattack.

Key Features

  • Broadened definition of Technology Incident
  • Coverage available for Software Copyright Infringement and Product Recall Loss of Use
  • No exclusions for Delays or Failure to Deliver
  • Industry-leading coverage designed to address evolving regulatory, legal and cybersecurity standards and built to consider future changes
  • Easy-to-read form:
    • Structure aligned with the flow of a typical incident
    • Presentation of Cyber Incident Response Expenses aligned with the typical flow of decision-making throughout an incident
  • Clearly labeled exclusions with competitive carve-backs
  • Payment Card Loss coverage built into the base form
  • Discovery-based coverage at a Control Group level
  • Includes enhanced Business Interruption and Extra Expense language
  • Broadened definition of Protected Information includes biometrics, internet browsing history and personally identifiable photos and videos
  • Extortion Expenses explicitly include Bitcoin and other cryptocurrencies
  • Coverage Territory applicable to anywhere in the universe to address continued evolution of hosting and data storage

Target Client

  • General technology services
  • Consultants/integrators of hardware, software and systems architecture
  • Application service providers
  • Data processors
  • Software developers

Related Materials

Digitech ERM Product Overview
Digitech ERM Product Overview
DigiTech ERM: New Business Application, Standard – for customers with more than $25 million in revenue
DigiTech ERM: New Business Application, Standard – for customers with more than $25 million in revenue
DigiTech ERM: New Business Application, Small Business – for customers with less than $25 million in revenue
DigiTech ERM: New Business Application, Small Business – for customers with less than $25 million in revenue
Chubb Small Commercial Insurance

The Chubb business owner’s policy (BOP) is designed specifically for small businesses by incorporating robust coverages for property and liability as well as over 50 optional coverages. In addition to the BOP, we also provide auto, workers compensation, specialty and umbrella products for a total account solution. The Chubb Small Commercial Insurance products will serve as the foundation for small professional services such as advertising firms, appraisers, consultants, veterinarians and many more.