PremierTech

Chubb’s new PremierTech Policy Wording replaces the Chubb Premier Information and Network Technology Liability Insurance Policy by combining Chubb’s market leading IT Liability Package and Cyber Insurance capabilities into a new, single product. PremierTech features: 

• Technology Professional Liability (Professional Indemnity) protection for financial loss arising from a failure to perform, including cover for performance based contractual liability and liability assumed in contract.
• Privacy and Network Security Liability protection for failure to secure computer systems or preserve the confidentiality of personal or corporate data, including resultant Regulatory Fines.
• Media Liability and Infringement of Intellectual Property  protection for trademark, copyright and other intellectual property infringements.
• Extensions include protection for Amounts Paid, Liquidated Damages, and Contractually Assumed Patent Liability, among others. 

• ‘First Party’ cyber covers to assist organisations in responding to and remediating cyber incidents. Covers include Incident Response Expenses, Data and System Recovery, Business Interruption, Cyber Extortion. 
• Access to Chubb’s Cyber Incident Response Team in the event of a cyber incident, including via the Cyber Alert app. 
• Extensions include Emergency Incident Response, Cyber Crime, Betterment Costs, Telecommunications Fraud and Reward Expenses. 

• Public and Product Liability (general liability) coverage for Property Damage, Personal Injury and Products Defect (Product Liability).
• Extensions include Product Recall, Cyber Liability, Care, Custody and Control, and Crisis Response Expenses, among others.