Home > News

RFP News

Chubb Heals Cyber-Security Breach In Insurance
Published on Oct 28, 2009

logo

CyberSecurity by Chubb(SM), a new insurance policy from the Chubb Group of Insurance Companies, is designed to help protect all types of commercial organizations against losses resulting from data security breaches.

In addition, customers can utilize Chubb's Risk Matrix, an online security assessment tool, to help evaluate the overall effectiveness of the organization's risk controls against a cyber-security breach.

CyberSecurity by Chubb(SM) consists of third-party (cyber-liability) and first-party (cyber-crime expense) protection in one worldwide policy. Third-party liability insurance provides coverage for:

-disclosure injury, including lawsuits alleging unauthorized access to or dissemination of the plaintiff's private information;
-content injury, including suits arising from intellectual property, trademark and/or copyright infringement;
-reputational injury, including lawsuits alleging disparagement of products or services, libel, slander, defamation and invasion of privacy;
-conduit injury, including suits due to system security failures that result in harm to third-party systems; and
-impaired access injury, including suits arising from system security failure resulting in an insured's system being unavailable to its customers.

"Today, nearly every company is at risk of a cyber-security breach: It isn't a matter of if they will experience a data security breach, but when," says Tracey Vispoli, vice president, Chubb & Son, and Chubb's global cyber-solutions manager.

"Our original cyber-liability insurance product for financial institutions was so successful that we've expanded it to meet the needs of all types of commercial enterprises. Chubb's next generation cyber-liability insurance solution addresses the growing risks associated with conducting business electronically, from identity theft to e-business interruption. It offers virtually any company -- from large to small -- broad cyber coverage and several options to customize coverage to meet the organization's needs." *


Tags
Vendor name: Chubb Group of Insurance Companies
Product name: CyberSecurity
Product type: Compliance and Regulations | Data | Fraud Detection / KYC | Insurance | Policy Management Systems | Security / Firewall | Third Party Administrator

Sponsored Ads

  • 0Comment


captcha Image What code is in the image?*

The content of this field is kept private and will not be shown publicly.

On our website you can find 5659 products from 2862 companies

Announce your products/services
on RFPConnect.com

Get listed today!
Posy offer

Mandate Monitor

Unica's Web Analytics Enhances Hartville's Client Strategy

Provider: Unica Corporation

Client: Hartville Group, Inc.

Mandate value: Undisclosed

See more >

Provider Directory

Search our directory to find the right company to meet your enterprise technology needs.

Search by company name, country, industry or solution area.

Don't miss out!

We're constantly updating RFPConnect.com with the latest news and research from hundreds of leading technology vendors.

Sign Up to our e-mail alert service to stay up to date.

News Feeds

Register For News Feeds

You decide what technology news you want to see. Click here to set your own parameters.

Sign up now

About RFPConnect.com

RFPConnect is an international on-line marketplace where technology buyers meet technology sellers. The site provides an RFP Exchange, where vendors can access technology buyers across the financial services, healthcare, industrial and commercial and public sectors.

Version Control

Wealth & Asset Management Solutions Industry Insight

image

Odyssey’s vision: to be the Leading Vendor of Wealth & Asset Management Solutions. Sponsored by Odyssey Financial Technologies

Download Brochure

Featured Vendor

SS&C Technologies Logo SS&C Technologies, Inc. provides mission-critical software and software-enabled services for the global financial services industry. SS&C was founded in 1986 by ...

Visit vendor page