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15 June 2023Insurance

Chubb launches ‘game-changing’ quoting platform for cyber risks

Property/casualty insurer  Chubb has launched a new quoting platform designed for agents and brokers who specialise in cyber risks. It aims to address the unpredictable challenges faced by the cyber and technology industries.

Chubb said Cyber Central is a cutting-edge platform that simplifies and enhances the process of quoting and issuing cyber, technology E&O, and miscellaneous professional liability coverages on a stand-alone basis.

The platform's key features include rapid insights and support for the dynamic cyber landscape, as well as complimentary proactive risk reports on cyber accounts, which empowers agents and brokers to respond quickly to vulnerabilities and provides clients with necessary protections. Cyber Central also offers cross-selling opportunities, identifying accounts with a business owner's policy that could benefit from cyber insurance coverage. Additionally, it provides other resources for agents and brokers such as marketing materials, white papers, and policy forms.

William Wise, executive vice president of Chubb's North America professional liability and cyber practice, said: "Chubb is committed to continuing to provide industry leading solutions that empower our distribution partners in the cyber insurance market. Cyber Central is a game-changer for cyber specialists, offering streamlined quoting options, valuable insights, and a comprehensive suite of support features tailored to their unique needs."

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