chubb

Cyber Insurance for Small Business

Cyber security services tailored to their company’s size, type, and unique exposures and needs.

Cyber Insurance for Small Business

Cyber Insurance for Small Business

Just like large corporations, small businesses can experience a cyber-attack or a data breach. Chubb offers insurance and cyber security services tailored to your company’s size, type, and unique exposures and needs.

Policy coverages

What’s covered?

Computer random demands

Insurance is available to help the business respond in the event of ransomware, a form of cyber-attack where the bad actor may threaten to publish the victim's data or perpetually block access to it unless a ransom is paid.

This insurance responds by reimbursing an insured for expenses responding to ransomware including cryptocurrency payments and consulting and investigation expenses in response to ransomware.

Digital data recovery

Insurance that responds to the cost to recover digital data, lost or corrupted, due to a data breach or cyber-attack.

Deleted customer data

Covers financial losses related to the loss or theft of customer information and business data.

Widespread events

Coverage is available to help protect the business in the event of a widespread cyber-attack, which is important in an increasingly digitized and interconnected world.

Privacy and security liability

Insurance responds to a third-party claim against your business for a cyber incident.

Accidental sharing of customer data

Insurance responds to expenses paid by a business because of a cyber event. This happens intentionally or unintentionally. Such incidents pose the risk of identity theft or other serious consequences.

These expenses include the costs to notify affected individuals, or to hire a forensics firm to determine the scope of an event and public relations costs.

Lost income due to cyber attack

Covers the loss of income a business might suffer while the damage gets repaired after a cyber-attack.

Business interruption and extra expenses

During a cyber-attack, a business might suffer from lost income while the damage gets repaired. Insurance is available so your business maintains the net profit before income taxes that the business would've earned had no cyber-attack occurred.

What's not covered?

  • Bodily injury
  • Infrastructure outage
  • Intellectual property laws or rights
  • Discrimination or employment practices
  • Property damage
  • War
  • Antitrust or unfair trade practices

Sample documentation

Chubb Studio API Operations

You will be able to test our APIs in the Sandbox below. To get started, you will be required to get a bearer token/JSON Web Token (JWT) which can be requested using the “Authentication” operation. After you have requested the token, it can be used to authorize all test transactions. Copy and paste the token response from the Authentication operation using the “Authorize” button. Once complete, click the “Try it out” button to run the sample request and receive a response. All the other required fields are already prefilled in the headers for each operation in the Sandbox.