" class="no-js "lang="en-US"> Chubb Introduces Cyber Central: An Innovative Quoting Platform for Cyber and Professional Liability Insurance - Fintech Finance
Friday, April 19, 2024

Chubb Introduces Cyber Central: An Innovative Quoting Platform for Cyber and Professional Liability 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.

“Chubb is committed to continuing to provide industry leading solutions that empower our distribution partners in the cyber insurance market,” said William A. Wise, Executive Vice President of Chubb’s North America Professional Liability and Cyber practice. “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.”

Cyber Central offers three distinct quoting paths suited to agent and broker needs. The options include:

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.

Cyber Central is custom-built to address the unpredictable challenges faced by the cyber and technology industries. Its key features include rapid insights and support for the dynamic cyber landscape and notable benefits include 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 provides ready-made cross-selling opportunities, identifying accounts with a business owner’s policy that could benefit from cyber insurance coverage.

Additionally, Cyber Central offers invaluable resources for agents and brokers such as marketing materials, white papers, and policy forms.

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