Beazley vs 
Chubb: How Do They Compare for Tech E&O Insurance?
Both bundle tech E&O with other cover. Chubb DigiTech ERM targets software developers, IT consultants and hardware makers through agents and brokers; Beazley MediaTech is a small-business form placed through platforms or email.
Beazley's MediaTech bundles tech E&O, media and cyber for small businesses, but its sample form excludes patent and trade-secret claims tied to your products. Chubb's DigiTech ERM combines the same lines for software, tech-services and hardware firms, with no exclusion for delays or failure to deliver. 1,3,4
What Are the Key Differences Between Beazley and Chubb Tech E&O Insurance?
Small-Business Bundle vs Named Tech Industries
Both combine tech E&O with media and cyber on one policy. Beazley's MediaTech is built for small businesses and also includes professional E&O. Chubb's DigiTech ERM targets software and system developers, tech-services and consulting firms, and electronics and hardware makers such as VARs, integrators, IT consultants and distributors. Choose Beazley if you're a small tech or media business; choose Chubb if you're a software, IT-services or hardware company, especially one exposed to missed delivery dates. 1 4 5 6
Patent Gap at Beazley vs No Delay Exclusion at Chubb
Beazley's sample form covers product failures and software copyright infringement but excludes patent infringement and trade-secret misappropriation tied to your products. It's claims-made, and defense costs reduce your limit. Chubb covers third-party financial loss from your products or services, a broadened "technology incident," software copyright infringement and product-recall loss of use, with no exclusion for delays or failure to deliver. If you face patent risk or delivery deadlines, Chubb's wording is broader. 3 4
How You Buy and Who Handles Claims
Brokers quote Beazley's small-business form through third-party platforms or email, and Beazley's cyber and tech claims team has handled software-failure, implementation and IP claims. Brokers quote DigiTech ERM through Chubb's Cyber Central or Marketplace, and policyholders get Chubb's cyber panel, 24/7 hotline and Cyber Alert app. Chubb publishes no limits. 2 1 4
What Should You Confirm in Beazley and Chubb Tech E&O Insurance Quotes?
Beazley vs Chubb Tech E&O Insurance Compared
Beazley vs Chubb: Tech E&O Insurance: documented features by provider
| Criteria | Beazley MediaTech for Small Businesses | Chubb DigiTech ERM (Technology Errors & Omissions) |
|---|---|---|
| How to Apply | Beazley's MediaTech application asks for employee count, US and non-US revenue for the last three years, the share of revenue from managed IT services, and answers about ransomware controls such as multi-factor authentication, VPN use, patching cadence and backup frequency. 2Company-reported. Application form F00859, 042022 edition, General Information, Revenue Information and Ransomware Controls sections; a completed application does not establish acceptance. Beazley says small and midsize MediaTech business is placed through third-party placement platforms or by email, with automated processing rather than a direct-to-consumer purchase flow. 1Company-reported. MediaTech product page SME placement paragraph; describes the stated distribution channel only. | Agents and brokers can quote DigiTech ERM through Chubb's Cyber Central or Marketplace quoting platforms, and Chubb lists E&O/Cyber among the coverage solutions available to technology companies generally. 4,6Company-reported. Cyber Insurance Coverage & Products quoting section; technology-industry products list. |
| Coverage Features | The sample MediaTech form defines two technology-specific triggers: a Tech & Professional Services Wrongful Act (a negligent act, error, omission, misstatement or unintentional breach of contract in rendering Tech Services) and a Tech Product Wrongful Act (a Tech Product that fails to perform as intended, or software copyright infringement). Both are separate from the policy's Media Wrongful Act trigger. 3Company-reported. Sample policy form F00731, 022019 edition, insuring agreements and definitions; the issued policy's wording and any endorsements control. The sample form excludes patent infringement and trade-secret misappropriation connected to Tech Products or other products, even though it insures Tech Product Wrongful Acts generally. 3Company-reported. Sample policy form F00731, 022019 edition, Patent & Misappropriation of Information exclusion; excludes only patent and the described trade-secret scenario, not all IP claims. | Beyond the Cyber ERM base, Chubb says DigiTech ERM adds technology errors and omissions coverage for third-party financial injury from the insured's products or services, a broadened definition of "technology incident," and coverage for software copyright infringement and product-recall loss of use, with no exclusion for delays or failure to deliver. 4Company-reported. DigiTech ERM Product Features list; subject to the policy as issued. |
| Role in This Line | Beazley sells technology errors and omissions coverage bundled inside MediaTech, a single small-business form that also includes professional E&O, media liability and cyber coverage. It is not offered as a standalone tech E&O policy for this segment. 1Company-reported. US small-business MediaTech product page; does not address Beazley's larger-account technology E&O programs, if any. | Chubb underwrites technology errors and omissions coverage through DigiTech ERM, a single policy that combines tech E&O with media and cyber exposures rather than selling tech E&O standalone. 4Company-reported. Cyber Insurance Coverage & Products page, DigiTech ERM section. |
