Chubb Cyber Insurance: Comprehensive Review
Comprehensive Cyber Coverage Solutions
Company Overview
Chubb cyber insurance provides comprehensive cyber liability protection for New Zealand businesses, backed by one of the world's largest insurers. With operations in 54 countries and territories, Chubb brings global expertise and resources to local businesses while maintaining a deep understanding of New Zealand's unique cyber security landscape.
Founded in 1882, Chubb has evolved to become a leading provider of cyber insurance, combining centuries of insurance experience with cutting-edge digital security expertise. Their New Zealand operations benefit from the company's global threat intelligence network while delivering locally relevant solutions.
Cyber Enterprise Risk Management
Primary Coverage Elements
- ✓Incident Response
Immediate access to cyber security experts, legal counsel, and PR professionals during incidents
- ✓Business Interruption
Coverage for income loss and extra expenses during network downtime
- ✓Digital Data Recovery
Costs associated with restoring or recreating digital assets
- ✓Cyber Extortion
Protection against ransomware and other cyber extortion threats
Advanced Protection Features
- ✓Cyber Crime Coverage
Protection against financial losses from social engineering and cyber fraud
- ✓Multimedia Liability
Coverage for intellectual property infringement and media content risks
- ✓Payment Card Loss
Coverage for PCI DSS assessments and fines
Risk Management Services
Preventive Tools
- • Password security assessment
- • Network vulnerability scanning
- • Cyber security training
- • Incident response planning
Response Capabilities
- • Global incident response platform
- • Digital forensics team
- • Crisis management support
- • Business recovery assistance
Industry-Specific Solutions
Technology Companies
Specialized coverage for software developers, IT service providers, and technology manufacturers.
- • Technology errors & omissions coverage
- • Intellectual property protection
- • Cloud service provider coverage
Healthcare Providers
Comprehensive protection for hospitals, clinics, and healthcare practices.
- • Patient data protection
- • Medical device security
- • Telehealth platform coverage
Financial Services
Tailored solutions for banks, investment firms, and financial institutions.
- • Financial fraud protection
- • Payment system security
- • Digital asset protection
Claims Process Excellence
Incident Response Protocol
Chubb's cyber incident response process is designed for maximum efficiency and effectiveness, with a focus on minimizing business impact and ensuring rapid recovery.
Initial Response (First 24 Hours)
- 1. Incident verification and assessment
- 2. Response team activation
- 3. Immediate containment measures
Extended Support
- 1. Investigation and forensics
- 2. Business continuity support
- 3. Recovery and restoration
Customer Reviews and Testimonials
Andrew Mitchell
Technology Company CEO
"Chubb's cyber insurance coverage has been invaluable for our technology company. Their incident response platform and team of experts helped us navigate a potentially devastating ransomware attack with minimal disruption to our operations."
"The preventive services and risk assessment tools have significantly improved our security posture. Their technology-specific expertise sets them apart from other insurers."
Emma Taylor
Healthcare Practice Manager
"The healthcare-specific coverage and understanding of patient data protection requirements have been crucial for our practice. Chubb's team provided excellent support during our digital transformation."
"Their cyber security training programs have helped our staff understand and mitigate risks effectively. The claims process is straightforward and well-supported."
Peter Zhang
Financial Services Director
"Chubb's understanding of financial sector cyber risks is exceptional. Their coverage for financial fraud and digital asset protection has given us confidence in our online operations."
"The incident response team's expertise in handling sensitive financial data breaches is impressive. Their global reach combined with local support makes them an ideal partner."
Coverage Plans and Pricing
Chubb offers flexible cyber insurance solutions with coverage tailored to each organization's specific needs and risk profile. Their pricing structure is based on several factors including:
Basic Protection
- ✓ Core cyber liability coverage
- ✓ Standard incident response
- ✓ Basic risk assessment
Ideal for small businesses
Business Plus
- ✓ Extended coverage limits
- ✓ Enhanced response services
- ✓ Proactive risk management
For medium-sized organizations
Enterprise Elite
- ✓ Comprehensive protection
- ✓ Dedicated response team
- ✓ Advanced security tools
For large enterprises