CyberGuide - Information Security and Cyber Risk Management

Chubb

(Pictured: Michael Tanenbaum – EVP, North America Cyber Head)

Alyssa Guckin
436 Walnut St
Philadelphia, PA 19106
215.640.4506
Alyssa.guckin@chubb.com


About Chubb:

  • Chubb is the world’s largest publicly traded property & casualty insurance company, serving consumers and companies of all sizes with traditional and specialty insurance products and industry-leading claims and risk engineering services. We combine a passion for service with deep experience and exceptional financial strength to deliver the best possible insurance solutions for individuals, families and businesses of all sizes.
  • Chubb has handled cyber claims for more than two decades. As part of the claims process, we track key metrics such as actions causing a cyber loss, whether a cyber incident was caused by an internal or external actor, the number of impacted records, and more. We analyze these metrics along with public trend data to help us continuously improve our business, provides real time access to our proprietary data, giving insights into current cyber threats and how you can protect your company against them.
  • To arm Chubb brokers and agents with an understanding of industry best practices in cyber security risk management, governance and operations, Chubb co-developed the Cyber COPE Insurance CerytificiationSM (CCIC) Program. The seven-month program imparts training, including topical discussions on current cyber security risk challenges and mitigation practices. Learning objectives are met through a combination of expert faculty instruction, business case analyses, and discussions with thought leaders in the field.

Survey Answers

Target Client Size
all company sizes
Does US business in
Northeast, Southeast, Midwest, Southwest, West
Does international business in
Canada, Continential Europe, Mexico, United Kingdom, Asia, South America, Africa, Australia/New Zealand
Primary Service Offering
Insurance Carrier
When did your company start writing standalone cyber insurance policies?
Prior to 2000
What are your company’s cyber insurance direct written premiums?
more than $200M
What percentage of your cyber insurance direct written premiums come from standalone policies and endorsements?
Did not respond
What percentage of your cyber book of business is primary and excess?
Did not respond
How many dedicated cyber insurance underwriters of standalone does your company have?
more than 25
How many cyber-related claims did your company handle in 2019?
Did not respond
What percentage of your cyber-related claims were covered by standalone cyber policies and other lines business?
Did not respond