Protecting technology companies of all sizes, across every sector
Providers of online transaction processing, infrastructure support, remote data storage, and consulting services face a variety of potential liabilities best insured by a knowledgeable carrier.
Developers of packaged software and creators of customized systems applications need specialized insurance expertise to help mitigate product and other exposures.
Telecommunications network infrastructures and cloud services carry complex, evolving technology and business exposures that require up-to-date solutions.
Technology manufacturing involves a complex and global web of facilities, suppliers, contractors, and retailers that all come with risks best handled by an insurance partner with the right expertise.
At Chubb, we help technology companies of all types and sizes protect against risk so that they can keep innovating and growing — from small startups to large multinationals, private venture-backed companies to public corporations. For more than 40 years, we've insured technology companies against property and business income, general liability, and professional liability risks.
In addition to coverage for large, multinational companies, Chubb covers small and midsize businesses with three package policy options — Business Owners Policy (BOP), Benchmarq, and Customarq. Each combines property, business income, and general liability insurance, and can be tailored for your specific exposures.
Protect your small business with this customizable insurance package policy. It offers a combination of property, business income, crime, employment practices liability, cyber, and general liability coverages, as well as the ability to add supporting insurance solutions specifically tailored to your small business needs.
Designed to be scalable for small to midsize businesses, Benchmarq is a flexible, customizable package including property, business income, and general liability insurance. Featuring enhanced base coverages that are broader than the industry standard, Benchmarq makes it easy to add protections as your business grows or risks evolve.
Our proprietary package product offers midsize businesses property, business income, and general liability insurance with a wealth of options to suit your needs. Customarq’s modular approach provides unmatched flexibility to protect against global exposures and industry-specific perils, and to quickly respond to emerging and evolving risks.
B2B Cloud-based technology software provider
In collaboration with Chubb’s incident response managers and trusted cyber vendors, the online retailer was able to minimize the impact of attack. The Chubb risk engineering team also helped the client build a business continuity plan so that critical IT functions would continue if there was another incident in the future.
Technology consultant firm
A client positioning itself as a total solution provider by offering bundled services to large corporations needed to protect their balance sheet with E&O insurance. This would enable them to respond to third-party claims alleging financial or economic injury. We were able to add this coverage as a supplement to their general liability insurance policy, and further to integrate with cyber insurance to reduce any gaps in their program.
We insure a wide variety of clients — small startups and multinationals, private companies, and public corporations — including:
Software and Services companies
Technology manufacturing
Technology services and consulting
Communications and network service providers
At Chubb, we tailor your insurance solutions based on the specific needs and exposures of your company, informed by our broad and deep expertise in the technology insurance practice area.
That expertise and our extensive portfolio of technology clients — as well as our access to up-to-date industry data — allow us to benchmark the types of risks and losses technology companies face, as well as the coverage limits that are most prudent for your type and size of business.
Technology companies are somewhat unique in the combination of risks to which they’re susceptible. Like many other companies, tech companies have tangible physical assets — like manufacturing facilities or consultancy office spaces. In tech, there are also amplified risks related to digital exposures that sometimes seem less tangible but are no less treacherous.
For example, if you manufacture or sell — or if your consultancy service recommends — software for a hospital system and that software has a vulnerability that exposes patient data, you can be liable for financial loss, privacy breaches, and more. Chubb understands and expertly underwrites these complex, multifaceted technology coverages.
Tech company coverage
Turning ordinary spaces into destinations comes with a lot of risk. Whether they’re handling a digital transformation and AV technology solution at a stadium, entertainment facility, or a Fortune 100 corporation, this private-equity-backed nationwide media technology provider deals with highprofile projects and big budgets. Therefore, they require considerable insurance protection.
As a global systems integrator that designs, installs, and services security, fire alarm, life safety, audio-visual, and building automation solutions for businesses, a private-equity-owned firm strives to help their clients protect against risk. After several years of rapid growth, it was time to make sure their insurance coverage aligned with their business risk as well.
Discover emerging risks and evolving trends in the middle market by delving into our comprehensive reports—based on a survey of 1,000 middle market firms.
Take a look at some accounts we have written with our agents for ideas on your next success with Chubb.