Cyber Enterprise Risk Management (Cyber ERM)
DigiTech ERM / CyberEdge
Cyber Enterprise Risk Management (Cyber ERM) / DigiTech ERM / CyberEdge is a cyber insurance product underwritten by Chubb Insurance Company of America / Westchester Fire Insurance Company (USA) (Chubb Limited (Switzerland)), available in USA. It is aimed at small and medium-sized businesses, mid-market companies, large enterprises and multinational groups. Coverage limits reach up to Up to $100M; bespoke above.. The policy extends beyond standard cyber liability with Cyber crime / FTF, Primary & excess and Tech E&O combined. Policyholders get 10 bundled proactive services — Vulnerability scanning, Penetration testing, MDR / EDR and Risk assessment, among others — designed to reduce breach risk before a claim ever happens. The carrier holds an AM Best rating of A++ (Superior) – AM Best. It can be approached directly through the provider.
Product Details§ 01
Advantages & Limitations§ 02
Advantages
- Three standalone US cyber products:
- — DigiTech® ERM: technology companies (IT consulting, software, data processing, SaaS, hardware).
- — CyberEdge / CyberEdge Plus / CyberEdge PC: primary and excess; Plus extends to physical/OT losses from cyber events.
- CrowdStrike partnership: next-gen AV at discounted policyholder rate.
- Chubb Cyber Index®: real-time proprietary risk trend and cost data tool.
- Vulnerability Management Outreach: Cyber Intelligence Team monitors and alerts policyholders.
- In-house claims specialists; on average handles more than two cyber incidents per day.
- Westchester (E&S division): cyber for hard-to-place and surplus lines risks.
- Fast Track℠: fully automated, real-time policy issuance for eligible small risks.
- NetSPI partnership (Dec 2023): policyholders access penetration testing, attack surface management, breach and attack simulation at discounted rates.
Limitations
- Enterprise focus for larger limits; smaller risks via Fast Track.
Contact & Response§ 03
Frequently asked questions§ 04
+Who is Cyber Enterprise Risk Management (Cyber ERM) / DigiTech ERM / CyberEdge designed for?
Cyber Enterprise Risk Management (Cyber ERM) / DigiTech ERM / CyberEdge by Chubb Insurance Company of America / Westchester Fire Insurance Company (USA) targets small and medium-sized businesses, mid-market companies, large enterprises and multinational groups in USA. Geographic scope: Global..
+What proactive security services are included with Cyber Enterprise Risk Management (Cyber ERM) / DigiTech ERM / CyberEdge?
The policy bundles 10 proactive services: Vulnerability scanning, Penetration testing, MDR / EDR, Risk assessment, Incident response, Pre-breach advisory, Crisis management, Cyber risk engineering, Crisis simulation and 3rd party risk assessment. These preventive services are typically included in the premium.
+Does Cyber Enterprise Risk Management (Cyber ERM) / DigiTech ERM / CyberEdge help with NIS2 or DORA compliance?
Chubb Insurance Company of America / Westchester Fire Insurance Company (USA) indicates the following NIS2/DORA support for this product: Not applicable..
+How can I buy Cyber Enterprise Risk Management (Cyber ERM) / DigiTech ERM / CyberEdge in USA?
You can approach Chubb Insurance Company of America / Westchester Fire Insurance Company (USA) directly (https://www.chubb.com/us-en/business-insurance/products/cyber-insurance.html) or via the provider's website. Compare it with alternatives in USA on Ryskly first.