Audience
Companies looking for an ERM Cyber Insurance solution
About Chubb
With DigiTech® ERM and Chubb’s approach to Widespread Events coverage, businesses can tailor coverage to their unique exposures and needs, providing for greater coverage certainty and also providing long-term stability in the cyber insurance marketplace. Market-leading, highly customizable solutions to address clients’ unique needs, regardless of size, industry or type of risk. Broadened definition of protected Information includes biometrics, internet browsing history and personally identifiable photos and videos. Coverage territory applicable to anywhere in the universe to address continued evolution of hosting and data storage. Ransomware encounter endorsement addresses the increasing risk of ransomware by allowing for a tailored set of coverage, limit, retention, and coinsurance to apply uniformly across all cyber coverages.
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Corvus Insurance
Smart Cyber Insurance policies begin with information gathered through the proprietary Corvus Scan which helps to quantify cyber risk. This intelligence enables our team to deliver optimal pricing and coverage options within minutes. Each policy includes a Dynamic Loss Prevention™ report with detailed IT security recommendations, access to our Risk & Response Services for proactive risk management, and ongoing vulnerability alerting. Our proprietary underwriting process leverages new sources of data analyzed with machine learning to quote cyber insurance coverage for most accounts within minutes, while also providing our experienced underwriting team with tools and insights to work on complex risks. Corvus's broker platform, the CrowBar, optimizes quoting with the shortest application in the industry, enabling brokers to request and receive quotes within minutes for most accounts.
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CNA
Cybercriminals continue to wreak havoc on businesses of every size – and the results are staggering. The average cost of a ransomware attack is $5 million, and it takes an average of 191 days for an organization to discover it has been breached. As cyberattacks continue to escalate, every business is at risk. CNA offers a market-leading suite of cyber insurance products and risk control resources for businesses of all sizes, built on nearly two decades of cyber insurance expertise. Our Underwriting and Risk Control professionals offer tailored, industry-specific coverages and provide the tools and resources needed to understand exposures and address potential losses. And if there is ever a data breach, our skilled Claim professionals are dedicated to working with policyholders, so everyone can remain focused on their business.
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Elpha Secure
Work confidently with a complete cyber defense strategy that reduces risk in real-time and helps keep your business solvent. Yesterday’s security measures are no match for today’s sophisticated cyber-attacks. And business owners can’t afford to ignore the problem any longer. Without cyber insurance, a single breach can bankrupt your business. The solution is tailored cyber coverage that’s accessible and affordable. Piecemeal cyber software is expensive, complicated, and difficult to adopt. The solution is all-in-one software that’s easy to implement and to use. Finally, advanced security software embedded in a cyber insurance policy for critical coverage that actually helps manage your cyber risk. Elpha Secure is one elephant you need in your room. Full coverage plus first-rate software offers more robust protection for less. Streamlined AI-powered underwriting process to deliver a quote on the spot.
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Embroker
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Integrations
Company Information
Chubb
Switzerland
www.chubb.com/us-en/business-insurance/digitech-enterprise-risk-management-digitech-erm.html
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Product Details
Platforms Supported
Cloud
Support
Phone Support
Online
