Beazley vs 
Chubb: How Do They Compare for Professional Liability (E&O) Insurance?
Both bundle professional liability with cyber and media, so class matters: Chubb's Pro ERM is available to non-licensed professional-services firms of all sizes, while Beazley's small-business MediaTech sample form excludes accountants, architects and lawyers.
Chubb Pro ERM targets non-licensed professional-services firms and says it covers 100% of defense costs worldwide; Beazley MediaTech shares its aggregate across E&O, media and cyber. 4,3
What Are the Key Differences Between Beazley and Chubb Professional Liability (E&O) Insurance?
Does Your Profession Qualify?
Chubb targets non-licensed firms such as associations, event planners, marketing businesses and staffing companies. Beazley’s MediaTech form instead excludes professions including accountants, architects, lawyers and civil or structural engineers from its E&O trigger. If your business is licensed, check Beazley’s definition; if not, confirm Chubb’s exact eligibility terms. 4 3
Compare Defense Costs With Available Limits
Chubb states that Pro ERM covers 100% of defense costs for covered claims worldwide:
Chubb says Pro ERM includes coverage for 100% of defense costs for covered claims worldwide, but the reviewed page does not publish a separate liability limit or retention. 4Company-reported. Pro ERM Product Features list.
Beazley’s sample form shares the policy aggregate across E&O, media and cyber unless declarations set a separate amount. Ask how defense costs affect the amount left for settlements and other claims under each quote. 3
Legal and Claims Support
Chubb says Pro ERM policyholders can access lawyers with professional-liability experience. Beazley describes a cyber and technology claims team that includes litigators and has handled E&O claims, software failures and IP disputes. Ask who will handle a professional-liability claim and what support is included. 4 1
What Should You Confirm in Beazley and Chubb Professional Liability (E&O) Insurance Quotes?
- Ask Chubb for your actual limit and retention; its page does not publish a separate limit. 4
- Ask Beazley whether declarations provide a separate E&O limit or use the shared aggregate. 3
- Confirm your profession fits Chubb’s Pro ERM eligibility and Beazley’s Professional Services definition. 4 3
- Ask how defense costs and Optional Extension Period terms work in the actual policy. 4 3
Beazley vs Chubb Professional Liability (E&O) Insurance Compared
Beazley vs Chubb: Professional Liability (E&O) Insurance: documented features by provider
| Criteria | Beazley MediaTech for Small Businesses | Chubb Pro ERM (Professional Enterprise Risk Management) |
|---|---|---|
| Limits and Retentions | Coverage is claims-made and reported: it responds only to claims first made and reported during the policy period (or a purchased Optional Extension Period), and defense costs reduce the available limit. A buyer can purchase an Optional Extension Period (a tail) for additional premium after non-renewal or cancellation. 3,2Company-reported. Sample policy form F00731; application form repeats the same notice; specific tail pricing and duration are set in the declarations, not disclosed publicly. Unless the declarations list a separate amount, each insuring agreement in the sample form (including the professional-liability trigger) shares the same Policy Aggregate Limit of Liability with the policy's media and cyber coverages rather than carrying its own dedicated limit. 3Company-reported. Sample policy form F00731, 022019 edition, Limit of Liability and Coverage section; actual sublimits depend on what is purchased and shown on the declarations. | Chubb says Pro ERM includes coverage for 100% of defense costs for covered claims worldwide, but the reviewed page does not publish a separate liability limit or retention. 4Company-reported. Pro ERM Product Features list. |
| How to Apply | Beazley's MediaTech application asks applicants to describe the professional and technology services they perform, disclose employee count and multi-year US and non-US revenue, and state whether written client contracts include scope-of-work, damages-cap and consequential-damages-disclaimer provisions. 2Company-reported. Application form F00859, 042022 edition, General Information, Revenue Information and Contractual Controls sections; a completed application does not establish acceptance. | Agents and brokers can quote Pro ERM through Chubb's Cyber Central or Marketplace quoting platforms. 4Company-reported. Cyber Insurance Coverage & Products page quoting section. |
| Coverage Features | The sample MediaTech form covers a Tech & Professional Services Wrongful Act: a negligent act, error, omission, misstatement or unintentional breach of contract in rendering Professional Services, defined as services performed for others for a fee. 3Company-reported. Sample policy form F00731, 022019 edition, insuring agreements and definitions; the issued policy's wording and any endorsements control. The sample form's definition of Professional Services excludes services performed as an accountant, architect, surveyor, health care provider, lawyer, insurance or real estate agent or broker, or civil or structural engineer, so those licensed professions are not covered by this professional E&O trigger. 3Company-reported. Sample policy form F00731, 022019 edition, Professional Services definition; a business in one of these excluded professions would need different coverage even if it buys MediaTech. | Beyond the Cyber ERM base, Chubb says Pro ERM adds E&O coverage including personal injury from professional services, a broadened definition of professional services that expressly includes professional technology services, coverage for independent contractors performing duties on the insured's behalf, automatic additional-insured status for clients when required by contract, and coverage for professional disciplinary proceedings. 4Company-reported. Pro ERM Product Features list; subject to the policy as issued. |
| Role in This Line | Beazley sells professional errors and omissions coverage bundled inside MediaTech, a single small-business form that also includes technology E&O, media liability and cyber coverage. It is not sold as a standalone professional-liability policy for this segment. 1Company-reported. US small-business MediaTech product page; does not address any larger-account professional liability program Beazley may write separately. | Chubb underwrites professional errors and omissions coverage through Pro ERM, a single policy combining professional liability, media and cyber exposures for non-licensed professional-services firms. 4Company-reported. Cyber Insurance Coverage & Products page, Professional Enterprise Risk Management section. |
