Insurance for the technology companies shaping our future
At Chubb, we help technology companies of all types and sizes protect against risk so that they can keep innovating and growing — from small startups to large multinationals, private venture-backed companies to public corporations.
For more than 40 years, we've insured technology companies against property and business income, general liability, and professional liability risks. Drawing on our deep expertise and a team of specialized underwriters who understand your unique risks, we create customized solutions to help you safeguard your company’s future.
In collaboration with Chubb’s incident response managers and trusted cyber vendors, the online retailer was able to minimize the impact of attack. The Chubb risk engineering team also helped the client build a business continuity plan so that critical IT functions would continue if there was another incident in the future.
Technology consultant firm
A client positioning itself as a total solution provider by offering bundled services to large corporations needed to protect their balance sheet with E&O insurance. This would enable them to respond to third-party claims alleging financial or economic injury. We were able to add this coverage as a supplement to their general liability insurance policy, and further to integrate with cyber insurance to reduce any gaps in their program.
PRODUCTS & SERVICES
PRODUCTS & SERVICES
Tailored insurance for technology companies like yours
Errors & omissions (E&O) insurance
In an increasingly litigious society, it’s critical to have insurance protection against liabilities impacting professionals, the services they provide, and their company’s financial reputation.
In addition to coverage for large, multinational companies, Chubb covers small and midsize businesses with three package policy options — Business Owners Policy (BOP), Benchmarq, and Customarq. Each combines property, business income, and general liability insurance, and can be tailored for your specific exposures.
Protect your small business with this customizable insurance package policy. It offers a combination of property, business income, crime, employment practices liability, cyber, and general liability coverages, as well as the ability to add supporting insurance solutions specifically tailored to your small business needs.
Designed to be scalable for small to midsize businesses, Benchmarq is a flexible, customizable package including property, business income, and general liability insurance. Featuring enhanced base coverages that are broader than the industry standard, Benchmarq makes it easy to add protections as your business grows or risks evolve.
Our proprietary package product offers midsize businesses property, business income, and general liability insurance with a wealth of options to suit your needs. Customarq’s modular approach provides unmatched flexibility to protect against global exposures and industry-specific perils, and to quickly respond to emerging and evolving risks.
A trusted insurance partner for tech companies and innovators
Chubb provides bespoke insurance solutions to help protect technology companies against evolving risks, including supply chain, legal, regulatory, and cyber security risks – and more.
Partnership that’s personal
We work to understand your business and where you’re headed so we can be proactive about meeting your needs. Whether your business is big or small, we invest in getting to know you, your team, and your customers. The goal: to help you see ahead, be ahead, and stay ahead.
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always striving to help clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to helping solve your risk challenges.
Expertise and financial strength
Chubb has served clients and partnered with leading organizations for more than 200 years. Our longevity, expertise, and financial strength are the bedrock of our business. That’s why 95% of Fortune 1000 companies are Chubb insured.
We insure a wide variety of clients — small startups and multinationals, private companies, and public corporations — including:
Software and Services companies
Value added resellers
Custom software developers
System integration services
Technology services and consulting
Computer systems design
IT consulting, outsourcing, training, technical support
Hardware and electronic components (personal computers, mobile devices, servers)
Computer peripherals (printers, monitors)
Semiconductors and related equipment
Communications and network service providers
Communications hardware maintenance
Data security services
At Chubb, we tailor your insurance solutions based on the specific needs and exposures of your company, informed by our broad and deep expertise in the technology insurance practice area.
That expertise and our extensive portfolio of technology clients — as well as our access to up-to-date industry data — allow us to benchmark the types of risks and losses technology companies face, as well as the coverage limits that are most prudent for your type and size of business.
Technology companies are somewhat unique in the combination of risks to which they’re susceptible. Like many other companies, tech companies have tangible physical assets — like manufacturing facilities or consultancy office spaces. In tech, there are also amplified risks related to digital exposures that sometimes seem less tangible but are no less treacherous.
For example, if you manufacture or sell — or if your consultancy service recommends — software for a hospital system and that software has a vulnerability that exposes patient data, you can be liable for financial loss, privacy breaches, and more. Chubb understands and expertly underwrites these complex, multifaceted technology coverages.