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MasterPackage for Technology Companies

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Where cover connects’

We believe businesses deserve cover that connects.  That’s why we have industry specialists in underwriting, risk engineering and claims who can see the big picture. They understand the risks across your sector and connect different types of cover and services together to match your businesses’ needs.  It means less chance of policy gaps and overlap, because everything joins up – like it should. Chubb Industry Practices is all about providing tailored, specialist insurance solutions with capabilities and products that evolve to meet the changing risks of each industry.

MasterPackage for Technology Companies

Comprehensive technology insurance cover for a fast-moving industry

MasterPackage for technology companies has been created by technology experts who understand your ever-evolving sector. It protects you against claims relating to breach of contract, product or software failures, delay, cyber security events, cloud migration problems, and more besides.

MasterPackage comes as a standalone policy or as part of a larger cover plan.

RISK SCENARIOS

Who it’s for

We offer a wide range of insurance for technology companies and activities like these:

  • Software development
  • Unified communication equipment manufacturing
  • Information communication technology services
  • Internet and unified communication services
  • Health informatics technology
  • Cloud technology
  • Government contractors
  • Defence technologists
  • Clean technology
  • Data centres
  • Emerging technologies
  • Advanced manufacturing

 

What it covers

We give you cover tailored for the complex needs of a highly regulated sector:

  • Property damage
  • Business interruption
  • Pool Re and global terrorism
  • Employers liability
  • Public and products liability
  • Professional indemnity
  • 1st and 3rd party cyber
  • Marine, and kidnap and extortion
  • Legal expenses 
WHY CHUBB?
WHY CHUBB?

We’re experts in tech insurance – and care about your business

Whether your business is big or small, Chubb is there for you. Our breadth of experience in insurance for technology companies 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.  

 

FAQs
FAQs

It’s a company that has created a technology solution, service or product, as opposed to a user of technology.

MasterPackage is extremely flexible, and gives you cover options for property, employers liability, public and products liability, professional indemnity, cyber, legal expenses and terrorism.

MasterPackage is designed to protect small businesses through to global organisations with operations around the world.

Absolutely. When you purchase cyber cover, we provide you with incident response and mitigation services, which includes a password management tool (Dashlane), Cofense phishing training through e-learning modules, and the DynaRisk online health risk assessment tool. And when you take up employers liability cover, we provide free access to our online health and safety portal, which offers 18 e-learning modules that are CPD accredited. 

Chubb’s multinational capabilities are supported by our Worldview app – available to clients and brokers to manage policy issuance, offering an interactive dashboard highlighting territories covered and access to our multinational research tool.

Insights & Resources

Managing risks associated with technology M&As

Tech industry practice – guide for brokers

Making data management a business priority

 

Loss scenarios for intellectual property, privacy and defamation

Minimising cyber security liability for IT and software companies

Have a question?
Have a question?

Talk to one of our experts