Chubb vs Mylo Cyber Insurance

Chubb underwrites Cyber Enterprise Risk Management (Cyber ERM) directly. It covers cyber, privacy and media exposures for organizations of any size that handle sensitive data or run a network or website. ³Company-reported. Cyber Insurance Coverage & Products page, Cyber Enterprise Risk Management section.

Mylo brokers cyber insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. ⁷Company-reported. Cyber insurance product page.

The reviewed pages describe Chubb as the carrier but do not name the specific Chubb-group underwriting entity for cyber policies; the issued policy would name the entity. ^4,3Not found in reviewed sources. Both cyber pages as read on 2026-09-23.

The cyber insurance product page does not name the insurer that would issue a given business's policy. ⁷Not publicly disclosed. Checked the cyber insurance product page on 2026-09-23.

Chubb says there are no minimum premiums and premiums scale for all risk sizes, offers Cyber Central and Marketplace quoting for risks under $100 million in revenue, and a customizable large-account cyber risk management solution for organizations over $1 billion in revenue. ³Company-reported. Cyber Insurance Coverage & Products page eligibility and quoting description.

Mylo markets cyber insurance to businesses that take credit cards or store customer information, citing its own figure that more than two-thirds of small businesses have experienced a cyberattack. ⁷Company-reported. Cyber insurance product page; a company-reported statistic, not independently verified.

Chubb lists first-party cyber incident response fund, business interruption (with contingent business interruption for outsourced technology providers), digital data recovery, and network extortion; third-party cyber/privacy/network security liability, payment card loss, regulatory proceedings and media liability; and cyber crime coverages (computer fraud, funds transfer fraud, social engineering fraud) available by endorsement. ³Company-reported. Cyber insurance coverage list on the products page; subject to exclusions and the policy as issued.

Chubb offers a Widespread Event Endorsement with separate limits and retentions for systemic cyber events, a Ransomware Encounter Endorsement that lets buyers tailor limits and retentions for ransomware losses, and a Neglected Software Exploit Endorsement that gives a 45-day grace period to patch published vulnerabilities before risk-sharing shifts toward the policyholder. ³Company-reported. Innovative coverage concepts section; endorsement availability depends on underwriting.

Mylo says cyber coverage can pay non-legal costs (breach investigation, customer notification, crisis-management and PR help, lost income, ransom reimbursement, and data restoration) as well as legal and regulatory costs, including defense and fines from a regulator such as HIPAA or from lawsuits by people affected by a breach. ⁷Company-reported. Cyber insurance product page; the issued policy and its exclusions control.

Mylo names hacking and social-engineering attacks (such as spear phishing), employee or partner data errors and misuse, and malware or ransomware as the cyber threats this coverage is designed to address. ⁷Company-reported. Cyber insurance product page.

Mylo says cyber insurance can often be added to a Business Owner's Policy depending on the carrier, alongside general liability, commercial property and business interruption. ⁷Company-reported. Cyber insurance product page "Add cyber to your Business Owner's Policy (BOP)" section.

The reviewed pages do not publish specific per-policy limit or retention amounts; Chubb says it can build large insurance tower programs with substantial primary limits for organizations over $1 billion in revenue but gives no figures. ³Not found in reviewed sources. Cyber Insurance Coverage & Products page as read on 2026-09-23.

The cyber insurance product page does not publish specific coverage limits, retentions or premium ranges. ⁷Not publicly disclosed. Checked the cyber insurance product page on 2026-09-23.

Chubb says cyber policyholders get access to a panel of pre-approved incident response providers, a 24/7 hotline and Cyber Alert app, a Cyber Threat Intelligence Team, a Vulnerability Management Outreach program, and the Chubb Cyber Index for trend and cost data. ⁴Company-reported. Cyber Insurance for Businesses page, Cyber Services and Beyond Risk Transfer sections.

Not described in the reviewed sources.

Agents and brokers can quote cyber alone through Cyber Central or bundled with other lines through Chubb Marketplace; multinational programs can be serviced locally in more than 35 countries. ³Company-reported. Cyber Insurance Coverage & Products page quoting section.

Not described in the reviewed sources.

Chubb reports 24/7 incident response availability by hotline or its Cyber Alert app, and publishes an annual Cyber Claims Landscape report analyzing claim frequency, severity and ransomware trends. ⁴Company-reported. Cyber Insurance for Businesses page; claims scenarios and report are company-reported.

Not described in the reviewed sources.