Risk Scenario

Comprehensive technology insurance cover for a fast-moving industry

MasterPackage for technology companies has been created by technology experts who understand your ever-evolving sector. It protects you against claims relating to breach of contract, product or software failures, delay, cyber security events, cloud migration problems, and more besides.

MasterPackage comes as a standalone policy or as part of a larger cover plan.

Coverage Highlights

  • Claims preparation costs
  • Loss prevention expenses
  • Software betterment costs
  • Loss of documents or data of others
  • Computer and machinery breakdown
  • Cybercrime
  • Liquidated damages
  • Product recall expenses
  • Public relation expenses
  • Environmental liability

and more....

Important: Full terms, including sublimits, are outlined in the policy and are only active if specific sections are purchased. Please ensure you read the policy wording for how these extensions are applied.

We provide £500,000 of cover to be allocated across a number of key extensions at the time of loss, leaving you free to deploy this cover when you need it most and not having to second guess where you may need it at the time of loss.

Where public and products liability cover is purchased as part of MasterPackage™ an emergency response helpline is included, which is available 24 hours a day, 7 days a week. Up to £100,000 of crisis response expenses are also available for expenses incurred as a result of damage or bodily injury to third parties.

Why Choose MasterPackage™?

Available to trade on Chubb Ignite

Chubb’s Ignite platform has been designed specifically for brokers to quote and bind business insurance online.

Chubb Ignite is available here. If you need to reset your password, simply login and select ‘Recover Password’ and you will receive an email allowing you to reset. If you do not have a password or have any questions about the products available, please email our support team at ignite@chubb.com 

Products & Services

Online Health & Safety Resources

Unlimited free access for all our Employers Liability policyholders to accredited eLearning and technical resources to help you achieve compliance.

Case Studies

Case Study
Cyber case study

Cyber incident case study: Ransomware attack 

Case Study
Cyber and PI case study

A Comprehensive Solution For Technology Companies 

FAQs

It’s a company that has created a technology solution, service or product, as opposed to a user of technology.

MasterPackage is extremely flexible, and gives you cover options for property, employers liability, public and products liability, professional indemnity, cyber, legal expenses and terrorism.

MasterPackage is designed to protect small businesses through to global organisations with operations around the world.

Absolutely. When you purchase cyber cover, we provide you with incident response and mitigation services, which includes a password management tool (Dashlane), Cofense phishing training through e-learning modules, and the DynaRisk online health risk assessment tool. And when you take up employers liability cover, we provide free access to our online health and safety portal, which offers 18 e-learning modules that are CPD accredited.

Chubb’s multinational capabilities are supported by our Worldview app – available to clients and brokers to manage policy issuance, offering an interactive dashboard highlighting territories covered and access to our multinational research tool.

Resources

Insights

Cyber
Making data management a business priority
As more and more companies turn to big data and the cloud, business data management is going to become a key pillar of success.
Industry Practices – Technology
Minimising cyber security liability for IT and software companies
IT & tech companies could face liability risk and cyber threats. Learn about tech risk management & improve customer relationships.

Have a question?

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