You need to have a complete understanding of your organization’s total cyber risk — a difficult task compounded by the need to coordinate potential gaps in an insurance portfolio placed with multiple brokers and carriers. Chubb’s suite of multiline cyber peril endorsements for the Global Cyber Facility helps you address exposure gaps in your insurance portfolio and enables you to confidently respond to the concerns of your C-Suite and Board.
Coverage Highlights
Innovative Solution
- Designed to help you fill potential cyber-related exposure gaps between your cyber, casualty and property policies
- Can help you manage increasing cyber-related exposures, ranging from property damage to business interruption to bodily injury
- Fully customizable: tailor the policy to fill the gaps of your specific policy portfolio
Key Features
- Casualty Endorsement provides Difference in Conditions (DIC) insurance to the scheduled casualty lead umbrella for cyber events, including provisional protection in the event of coverage disputes
- Property Endorsement provides both DIC and Difference in Limits (DIL) insurance to the scheduled property policy for loss or damage related to cyber-triggered events
- Includes expert claims managers with experience handling property, casualty and cyber claims
- Provides a single point of contact, supported by the expertise of Chubb’s multiline underwriters and claims staff, to help manage cyber-related exposures across multiple lines of insurance
A Sophisticated Cyber Solution for Sophisticated Buyers
As the number of highly publicized cyber attacks has increased in recent years, the demand for cyber security insurance has escalated rapidly. Learn more about our new suite of multiline cyber peril endorsements.
Identifying Potential Coverage Gaps
Chubb has created an extensive roadmap of loss scenarios to help policyholders identify coverage gaps within their cyber, property and casualty policies. Developed by a team of senior underwriters, claims managers and legal representatives, it’s designed to help risk managers determine which policy could respond to a potential claim.
Tips & Tools
Chubb’s Global Cyber Facility Loss Scenario Roadmap helps risk managers identify potential gaps in their insurance portfolio, and gives them a better understanding of their organization’s total cyber risk.
Related Services
Integrated Loss Control Services
Large organizations need to mitigate cyber losses before they happen. The Global Cyber Facility leverages Chubb’s claims data and relationships with globally recognized cyber defense organizations to lead the market in meeting this critical need.
Continuous, Detailed Threat Intelligence & Analysis
By combining Chubb partners’ external data with Chubb’s own historical claims data, we enable policyholders to measure their risk against industry peers. This analysis combines data from multiple vendors with Chubb’s proprietary claims data, giving insureds insight into current threats that could lead to a compromise of the network or a data breach.
Comprehensive Claims Management & Post-Incident Services
At Chubb, our underwriting and claim experts recognize that every privacy and network security event is unique and that response readiness strategies must be tailored to the particular nature of the event and to the policyholder’s industry and customer base.
Rethink Cyber Underwriting
Be the first to learn about our new model for underwriting cyber insurance, intended to simplify and improve the assessment of both cyber and privacy risks.