Technology companies are somewhat unique in the combination of risks to which they’re susceptible. Like many other companies, tech companies have tangible physical assets — like manufacturing facilities or consultancy office spaces. In tech, there are also amplified risks related to digital exposures that sometimes seem less tangible but are no less treacherous.
For example, if you manufacture or sell — or if your consultancy service recommends — software for a hospital system and that software has a vulnerability that exposes patient data, you can be liable for financial loss, privacy breaches, and more. Chubb understands and expertly underwrites these complex, multifaceted technology coverages.