Chubb calls itself the “world’s largest publicly traded property and casualty insurance company” and it’s now making a significant move involving stand-alone cyber insurance.
“Chubb has launched Cyber Central, an innovative quoting platform designed for agents and brokers who specialize in cyber risks. This cutting-edge platform simplifies and enhances the process of quoting and issuing Cyber, Technology E&O, and Miscellaneous Professional Liability coverages on a stand-alone basis.”
The move reflects and supports the growing movement of cyber insurance to stand-alone cyber policies.
The platform provides three distinct paths suited for agents and brokers:
“1. End-to-End Quoting: A seamless, fast, and comprehensive quoting process that covers all aspects of cyber insurance for a single customer.
2. Indicative Quoting: A straightforward quoting option where users complete basic information to quickly obtain an appetite and premium range for their customer.
3. Batch Quoting: Instead of quoting new business individually, users can upload information to 30+ customers simultaneously, saving valuable time and effort.”
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