In today’s connected environment, cyber security is a widespread concern.
Yet analysts fear that, across many different industry sectors, some companies are failing to take their responsibilities seriously. All too often, businesses do not fully understand their organisation’s cyber and data privacy risks until an event occurs.
Chubb understands the business of protection. Through our worldwide experience and capability, coupled with local underwriting and risk management expertise, we work to help businesses move forward with confidence.
RISK SCENARIOS
Who it’s for
Chubb’s cyber insurance supports businesses across a wide variety of sectors, from smaller firms to large corporates including:
Financial institutions
Healthcare
Retail
Hospitality
Professional services
Manufacturing
Education
Media and entertainment
Technology
What it covers
Chubb’s policy protects your company against all kinds of cyber risks and includes the following important benefits:
Business interruption loss due to a network security failure or attack, human errors, or programming errors.
Data loss and restoration including decontamination and recovery.
Delay, disruption, and acceleration costs from a business interruption event.
Legal costs including exercising contractual indemnity.
Crisis communications and reputational mitigation expenses.
Liability arising from failure to maintain confidentiality of data.
Liability arising from unauthorised use of your network.
Network or data extortion/ blackmail (where insurable).
Measurement in the underwriting phase to help clients better assess cyber risks and position coverage more effectively.
Assistance through vendors to provide enhanced cyber risk management during the policy period.
Dedicated 24/7 incident response teams to assist in a crisis due to a covered cyber incident.
Our Cyber ERM insurance has simplified policy language and structure with end-to-end solutions, all backed up by a diversified, global insurer with AA+ rating.
PRODUCTS & SERVICES
PRODUCTS & SERVICES
More Chubb cyber proposition benefits to keep your company soundly covered
Cyber Services Form
By partnering with expert third parties, we provide our clients with access to easy-to-apply cyber risk improvement services.
Learn more about these services and sign up for those most relevant to your business.
To help ensure market stability and provide coverage clarity for our policyholders, Chubb uses two categories to gauge the impact of a cyber event: Limited Impact Events and Widespread Events. But what does this mean for cyber policyholders?
We’re experts in cyber insurance – and we care about your company
Whether your business is big or small, takes you around the world or just around town, Chubb is there for you. Our breadth of experience in cyber insurance means we can provide the guidance and service you need, whenever you need it, wherever you may be.
Partnership that’s personal We work to understand your business and where you’re heading so we can be proactive about meeting your needs. We invest in getting to know you, your team and your customers. The goal: to help you see ahead, be ahead and stay ahead.
Creative problem-solving Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.
Unmatched expertise and financial strength We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise and financial strength are the bedrock of our business.
This guide includes information on cyber exposures per industry and size of company; key selling points; as well as explaining our Cyber Enterprise Risk Management coverage.
