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With DigiTech® ERM and Chubb’s approach to Widespread Events coverage, businesses can tailor coverage to their unique exposures and needs, providing for greater coverage certainty and also providing long-term stability in the cyber insurance marketplace.

Coverage Highlights

Competitive Advantages

  • Leading provider of technology and cyber risk solutions since first product was launched over 30 years ago.
  • No minimum premiums. Premiums scale for all sizes of risks based on the scope of coverage and limits.
  • Market-leading, highly customizable solutions to address clients’ unique needs, regardless of size, industry or type of risk.
  • Cybercrime coverage by endorsement or explicitly provided under separate cover from Chubb’s industry-leading Fidelity and Crime products.
  • Cyber Incident Response Expenses with expansive consumer-based solutions that are ahead of regulatory requirements.
  • Online quoting and real-time policy issuance for eligible small risks. Referred risks will receive fast turnarounds from your Chubb underwriter.
  • Industry-leading coverage designed to address evolving regulatory, legal, and cybersecurity standards and built to consider future changes.
  • Easy-to-read form is aligned with the flow of a typical cyber incident in order to aid decision-making throughout.
  • Coverage Territory applicable to anywhere in the universe. 

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

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.