Appetite Summary

Chubb Small Commercial Insurance (SCI) draws on its deep expertise of the complex risks faced by emerging technology companies to provide broad coverage, exceptional claims service, and a quick quote experience for businesses with up to $30M in revenue in the following industries:

   Computer programing and software

   Consulting and software services


   Telecommunication services

  Clean technology manufacturers

  Broadcasters

   Computer related services

   Emerging industries and web-enabled                                                    businesses

  Advanced technology manufacturers and                                              wholesalers

  Technology research and development                                                  companies

Advanced Solutions for the Technology Industry

The technology industry constantly faces risks associated with its rapid innovation and change. As new exposures emerge, small technology businesses need insurance solutions to help protect them.  Chubb SCI’s insurance solution for the technology industry provides:

  • Property coverages that help protect the specialized equipment and property your clients need to run their business successfully
  • Liability coverages that are flexible and provide support for your clients to serve their customers
  • Comprehensive technology errors & omission (E&O) and cyber coverages, along with loss mitigation and incident response services through our DigiTech® Enterprise Risk Management (ERM) offering

 

 

Unique Property Coverages for the Technology Industry

 

Chubb BOP offers over 70 optional property enhancements for small technology businesses including those highlighted below.

Research and Development Property

Provides coverage for unique properties such as prototypes used in your clients’ research and development operations.

Product Replacement & Recall Expense

Chubb will pay for costs to recall and replace items that are damaged or unsafe.



Computer Hardware

Standard business personal property coverage extended to cover computer hardware.



Business Income from Loss at Property Owned by Others

Chubb will pay for the loss of business income resulting from a covered loss occurring at the location of a supplier.

 

 

 

Unique Property Coverages for the Technology Industry

 

 

Based on insights gained from our 30+ years of experience protecting technology companies, Chubb designed DigiTech® ERM to provide a combination of Technology E&O and first- and third-party liability coverages for small businesses.

Loss Mitigation and Incident Response Services

 

Based on proprietary loss data, Chubb combats the evolving world of cyber risks using a three-prong approach: risk transfer, loss mitigation services, and post-incident services.

Dedicated Cyber Risk Response Teams

 

In post-incident situations, our incident response specialists and data breach teams provide critical legal, computer forensic, notification, call center, and public relations services.



Technology E&O Coverage

 

Goes beyond general liability coverage by providing valuable coverage for financial injury to third-parties arising from an insured’s products and services.


Test your technology knowledge and earn Chubb Rewards points!

Take our technology quiz to show how much you know.  Score an 80% or higher and receive 5 Chubb Rewards points!

Have questions about Chubb’s insurance solutions for small technology businesses?

Contact Chubb SCI directly or reach out to your local Chubb SCI territory sales leader.

Experience the Chubb Marketplace

  • Easy to quote, issue, and service your small business clients
  • Fast, efficient, and intuitive

 

 

Advantages of doing business with the Chubb Marketplace

 

                                 

    Efficient

          Account level appetite check, quote proposals, and billing statements


                           

    Intuitive

  Convenient access to policy documents, billing details, and account information

                             

    Easy

       Type less: avoid repetitive, time-consuming entry with prefilled data.



                             

    Connected

       Immediate access to Chubb underwriters.