Source: Chubb – Technology Insurance
Chubb: Technology Companies Insurance Appetite
Chubb is a top-tier technology insurance market, offering the most comprehensive Tech E&O and Cyber combination available. Their integrated policy eliminates coverage gaps between E&O and Cyber – a common issue with other carriers. Their D&O for venture-backed companies is market-leading. Premium pricing, but the coverage breadth justifies the cost for tech firms with significant exposure.
Available Lines
| Line of Business |
|---|
| General Liability |
| Technology E&O |
| Cyber Insurance |
| Directors & Officers |
| Employment Practices Liability |
| Workers' Compensation |
| Commercial Property |
| Umbrella/Excess |
Premium Range
$3,000-$20,000
Typical annual premium
Target States
All 50 states and DC
Key Features
- Combined Tech E&O and Cyber policy with seamless coverage – no gaps
- D&O for venture-backed and pre-IPO technology companies
- Intellectual property infringement defense and indemnity coverage
- Media liability for SaaS, platform, and content companies
- Worldwide coverage for tech companies with global operations
Limitations
- Cryptocurrency and blockchain companies have restricted appetite
- Hardware manufacturers with high product recall risk need specialty coverage
- Very early-stage startups with no revenue may not meet minimum premium
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