Cyberbullying insurance is now being sold in the UK

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One company in the United Kingdom has now started selling policies that offset the costs of trolling. Although cyber policies are nothing new, as companies need to protect themselves against the risk of data breaches, an insurer in the United Kingdom is now offering cyberbullying insurance as many companies and individuals have also come to find that online trolling can also be very disruptive and expensive. The practices of online trolls and cyberbullies can sometimes just be a nuisance but can also become very extreme. Some actions from trolls are…

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New Chubb iPad App Puts Desktop in Agents’ Hands

mobile phone video insurance industry technology

WARREN, NJ – A new iPad application from Chubb Personal Insurance makes it easy for agents and brokers who are out of the office to access Chubb policies, marketing materials and the status of claims. The free @chubb Mobile app enables agents to use their password-protected Chubb ID to access Chubb’s Masterpiece® homeowners’ policy processing system; real-time claims information; rule and rate manuals from each state; and coverage summaries. A resource center provides links to, where agents can find product and service information, loss prevention tips and available discounts.…

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Cyber insurance still not being used by most North American companies

cyber insurance

Businesses still don’t seem to be protecting themselves against the risk of attack. The results of a new risk survey conducted by Chubb Insurance have been released, and they are showing that over 70 percent of North American businesses have created an incident response plan in order to deal with a security breach, and yet among them, 57 percent have not made cyber insurance an element. Liability coverage against online attacks is considered to be a vital part of this form of response plan. At the same time, the respondents…

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Chubb Forms Alliance to Address CEOs’ Personal and Business Risk Needs

WARREN, NJ, February 16, 2012 – The Chubb Group of Insurance Companies has formed a strategic alliance with Vistage International to help private company CEOs address personal and commercial risk management needs. As part of the alliance, Chubb will provide Vistage members with risk management education and access to an array of products and services tailored to their needs. “A strong risk management program, supported by Chubb’s high-quality insurance products and loss control and claims services, can help protect our members and their businesses from the unexpected,” said Jeff Werderman,…

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Business Travelers Refuse Trips to Risky Locations, Chubb Survey Finds

Nearly half of people surveyed would refuse to go on a business trip to a location they consider dangerous unless their employer provided them with emergency medical and other services, according to a survey by the Chubb Group of Insurance Companies. Twenty-three percent of business travelers indicated that they would refuse to go on the business trip; 21% said they go but would refuse to go on the next trip; and 14% would go but look for a new job after returning. Many employees, however, said they would take the…

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Online System Helps Expedite Clinical Trials in China and Brazil

WARREN, NJ, February 1, 2012– Life sciences companies can avoid costly delays in beginning clinical trials in China and Brazil by downloading local insurance certificates through WORLDcert. This online system from the Chubb Group of Insurance Companies can now also be used to instantly obtain specimen policy language for trials in many countries where ethics committees require the review of insurance contract terms and conditions. “WORLDcert enables clinical trial sponsors, their agents and brokers, and contract research organizations to quickly provide ethics committees with evidence that adequate insurance is in…

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Chubb Adds Protection for Cyber and Other Crimes to Its Private Company Program

WARREN, NJ, December 5, 2011 — To help protect private companies from an increasing number of cyber and other crimes, the Chubb Group of Insurance Companies has added insurance coverages and risk management services to its ForeFront Portfolio 3.0SM program. “The frequency and severity of cyber breaches, employee thefts, kidnappings and workplace violence incidents are growing concerns for many companies and their employees,” said Lisa Jones, vice president for private business management liability products for Chubb. “Private companies remain vulnerable to these potentially disruptive and expensive criminal incidents if they…

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