Chubb vs 
Hiscox: How Do They Compare for Professional Liability (E&O) Insurance?
Hiscox says professional liability is licensed for sale in 49 states and DC, excluding Alaska, with online quote and purchase for eligible buyers. Chubb Pro ERM is quoted by agents and brokers and bundles professional, media and cyber cover.
Chubb combines professional liability, media and cyber in Pro ERM through brokers; Hiscox sells standalone E&O online to eligible small businesses. 1,3
What Are the Key Differences Between Chubb and Hiscox Professional Liability (E&O) Insurance?
One Bundled Policy or a Standalone Line
Chubb's Pro ERM combines professional liability with media and cyber exposures in a single underwritten policy for non-licensed professional-services firms. Hiscox sells professional liability as a standalone line, underwritten by Hiscox Insurance Company Inc. and sold directly to small businesses through its online Hiscox NOW catalogue rather than bundled with other coverages by default. 1 6
How You Buy It
Chubb's Pro ERM is quoted by agents and brokers through Chubb's own Cyber Central or Marketplace platforms, not by the buyer directly. Hiscox lets eligible buyers quote and purchase professional liability online themselves, with licensed advisors available by phone during posted hours, and says a specialist broker can help where it doesn't sell the product online in a buyer's state. 1 3
Coverage Trigger and Claims Access
The reviewed Chubb page does not state whether Pro ERM is written on a claims-made or occurrence basis. Hiscox describes its professional liability policy explicitly as claims-made, covering a claim only if it is made and typically reported while the policy is active, and separately tells current customers its professional-liability claims line is staffed 24 hours a day, seven days a week. 4
What Should You Confirm in Chubb and Hiscox Professional Liability (E&O) Insurance Quotes?
- Ask Chubb for the Pro ERM liability limit and retention, since the reviewed page only states 100% worldwide defense-cost coverage without a separate limit figure. 1
- Confirm whether your state is one where Hiscox sells professional liability online directly, or whether you'd need its specialist-broker path instead. 3
- Ask Hiscox for its published limit and retention options, since the reviewed pages describe the claims-made trigger but not standard figures. 3
- Ask Chubb whether Pro ERM's professional disciplinary proceedings coverage and broadened technology-services definition apply to your specific services. 1
Chubb vs Hiscox Professional Liability (E&O) Insurance Compared
Chubb vs Hiscox: Professional Liability (E&O) Insurance: documented features by provider
| Criteria | Chubb Pro ERM (Professional Enterprise Risk Management) | Hiscox Professional Liability Insurance |
|---|---|---|
| Who It’s For | Chubb says Pro ERM is available to non-licensed professional-services firms of all sizes, naming examples including associations, consultants, business process administrators, event planners, interior and graphic design firms, marketing and PR firms, printers, staffing firms, travel agents and trustees. 1Company-reported. Pro ERM Target Clients list. | Hiscox says professional liability is licensed for sale in 49 states and Washington, D.C., excluding Alaska, and that if it does not sell the product online in a buyer's state, a specialist broker may be able to help instead. 3,6Company-reported. Company-stated jurisdiction for the online small-business catalogue; the appetite guide's technology classes (IT consultants, software development) illustrate typical buyers but do not guarantee acceptance for any one applicant. |
| How to Apply | Agents and brokers can quote Pro ERM through Chubb's Cyber Central or Marketplace quoting platforms. 1Company-reported. Cyber Insurance Coverage & Products page quoting section. | Hiscox says eligible buyers can quote and buy professional liability online, with licensed advisors available by phone during posted hours for questions during the process. 3Company-reported. Company-described online application; eligibility and binding conditions require confirmation on the actual application. |
| Coverage Features | 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. 1Company-reported. Pro ERM Product Features list; subject to the policy as issued. | Hiscox describes professional liability as a claims-made policy, meaning a claim is covered only if it is made (and typically reported) while the policy is active, rather than an occurrence policy covering incidents regardless of when the claim surfaces. 4Company-reported. Product FAQ description; exact triggers, retroactive dates, exclusions and wording are set by the issued policy. |
| Role in This Line | 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. 1Company-reported. Cyber Insurance Coverage & Products page, Professional Enterprise Risk Management section. | Hiscox Inc., a licensed insurance intermediary, sells professional liability (errors and omissions) coverage directly online to small businesses as part of its Hiscox NOW admitted small-business catalogue. 5,3Company-reported. Company-stated online small-business channel. |
