Chubb vs 
Marsh: How Do They Compare for Professional Liability (E&O) Insurance?
Marsh places professional liability for specialized sectors such as banking, venture capital and biotech, using attorneys, economists and actuaries. Chubb underwrites Pro ERM for non-licensed professional-services firms.
Non-licensed consultants and event planners fit Chubb’s Pro ERM; Marsh serves specialized licensed industries including banking, legal, asset management and healthcare. 1,3
What Are the Key Differences Between Chubb and Marsh Professional Liability (E&O) Insurance?
Bundled or Policy-Specific Cyber
Chubb includes cyber exposures in Pro ERM with E&O and media. 1 Marsh says many E&O policies it places also cover privacy violations and computer-security breaches, but the inclusion depends on the specific policy. 3 Ask Marsh to confirm cyber wording in your quote before counting on it.
Who Issues the Policy
Chubb underwrites Pro ERM. 1 Marsh places coverage with outside insurers, and its reviewed pages do not identify the carrier for a particular placement. 3 Your quote determines the insurer and policy terms in the Marsh option.
What Should You Confirm in Chubb and Marsh Professional Liability (E&O) Insurance Quotes?
Chubb vs Marsh Professional Liability (E&O) Insurance Compared
Chubb vs Marsh: Professional Liability (E&O) Insurance: documented features by provider
| Criteria | Chubb Pro ERM (Professional Enterprise Risk Management) | Marsh Professional Liability Insurance Brokerage |
|---|---|---|
| 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. | Marsh names specialized industries its professional liability experts serve, including banking and broker/dealers, insurance companies and asset managers, merchant banking and venture capital, accountants, attorneys, architects and engineers, media and entertainment, technology, and healthcare and biotechnology. 3Company-reported. Marsh professional liability page, What We Offer section. |
| 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. | Marsh says professional liability coverage can protect a company against liability and defense costs from a claim alleging an error, omission or negligence in performing professional services, and that many policies also cover privacy violations and computer security breaches. 3Company-reported. Marsh professional liability page opening description; illustrative policy description, not a specific policy form. |
| 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. | Marsh's financial and professional liability practice places professional liability (errors and omissions) insurance; MMA also places E&O coverage within its executive and professional liability practice for middle-market clients. 3,4Company-reported. Marsh professional liability page and MMA executive and professional liability page. |
| Risk Services | Chubb says Pro ERM policyholders get access to legal counsel with extensive professional-liability experience, in addition to the general cyber-incident-response services shared with Cyber ERM. 1Company-reported. Pro ERM Product Features list. | Marsh says it employs attorneys, economists and actuaries alongside coverage specialists to assess a client's professional liability exposure from multiple angles, given the complexity of these risks. 3Company-reported. Marsh professional liability page. |
