Years Gone By
ACE acquired Chubb in this year.
2016
According to Chubb, what INDUSTRY class made up the highest percentage of annual claims in 2024?
Professional Services (according to the Cyber Index)
If artificial intelligence was used to facilitate hacking, where does our Cyber ERM policy contemplate that kind of event?
Definition of Malicious Computer Act
The Chubb Cyber Stack is specifically designed for businesses with ___ employees or less.
100
Small businesses can get their cyber quotes "on the glass" via these Digital quoting platforms.
1 - Marketplace (U.S.)
2 - Cyber Central (U.S.)
Chubb offered its first cyber insurance policy in this year.
1998
According to the Chubb Cyber Claims Landscape Report, losses of THIS KIND accounted for nearly 72% of cyber claim dollars in 2023 and 2024.
Ransomware-related losses
(100pts) When responding to a Network Extortion Threat, for example, do Chubb insureds have to use the Cyber Incident Response Team (CIRT) ?
For another 100pts, explain briefly why this matters.
The answer is No.
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A provider of security awareness and phishing prevention courses, games, and videos, plus complimentary services to enhance employee skills.
Global Learning Systems (GLS)
Available to Chubb policyholders since 2019, this EDR provider soars above the competition, providing AI-powered solutions in 170 countries.
CrowdStrike
It was during this year that Cyber and Professional Liability split into two separate divisions - Cyber, no longer a part of Financial Lines, techincally.
2024
The Known Exploited Vulnerabilities Catalog (KEV) tracks only those CVEs are ever actually exploited in the wild. For 150pts, how many total CVEs are there in the world. For another 150pts, how many does Chubb focus on for red flag outreach and/or vuln alerting?
~315,000
Less than 1%.
(Of that 315,000 , Chubb only focuses on 380)
In what year did Chubb affirmatively provide coverage for unintentional violations of cyber & privacy laws?
2019
(100pts for each) Chubb currently has two established partners for Managed Detection & Response (MDR) - name the two and briefly describe why they are needed.
Arctic Wolf & Brite
Small and Medium sized businesses are unlikely to have an in-house SOC and therefore enlist the help of AW or Brite to monitor those EDR tools they do have in place.
THIS non-profit research organization (based in Pittsburgh) reviews the dark web for listings containing stolen data. They provide ransomware alerts to Chubb, and other insurance companies - these sometimes get passed on to YOU, the underwriter.
The NCFTA (National Cyber-Forensics and Training Alliance)
For 200pts, when did Chubb unveil the Widespread Event concept?
For another 200pts, explain why this coverage is beneficial (and a selling feature of our product).
2021
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According to the Chubb Cyber Claims Landscape report (2025), Pay-to-Encounter rate in the United States hovers around 30%. Thus, when insureds decide to pay the ransom, what is the main reason they are paying for?
Suppression of data (70%)
Decryption Keys (18%)
Both suppression and decryption key (12%)
Does our Social Engineering coverage trigger if an employee is duped by a Deepfake?
Yes. Our coverage triggers regardless of how the impersonation occurs.
NEW Chubb cyber insureds can now take advantage of table Top Exercises (TTX) as part of our Loss Mitigation services. Name the partner (200) and the parameters for eligibility (200).
Mullen Coughlin
$35k - $100k premium (90-120 minutes)
>$100k premium (120-180 minutes)
(100pts for each) Name the four vendors that provide Chubb with internal telemetry data about insureds.
1 - Google Cloud (RPP)
2 - SentinelOne
3 - Tanium
4 - SAFE Security
For 250pts, when did Chubb introduce the Cyber Index?
For another 250pts, explain why having this matters.
2018
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In the Cyber Index, Chubb's publicly available claims database, there are six distinct areas. Name all six, or as many as you can for 100pts each.
1) Incident Activity Growth / 2) Chubb Costs Breakdown
3) Ransomware Assessment / 4) Cyber Risk Calculator
5) Peer Purchasing Insights / 6) Cyber Library
When an insured or broker requests modification of our Network Extortion language to "Pay on Behalf", what should your response be?
No, we will not do this. We give our insured control to work with their coach/specialists to determine the best path for responding to network extortion event and reimbursement allows that. Also, this process ensures the best path for making sure the Insured (and Chubb following) are following OFAC compliance.
(All or Nothing) Name Chubb's 6 distinct Cyber Service areas.
1) Incident Response Solutions
2) Vulnerability Management Solutions
3) Endpoint Cybersecurity Solutions
4)User Security & Awareness Solutions
5) Privacy Risk Management Solutions
6) Managed Detection & Response (MDR)
With the goal of fostering collaboration in the insurance industry, Chubb became a founding member of THIS consortium of cyber insurers.
Cyber AcuView