Chubb vs 
Mylo: How Do They Compare for Professional Liability (E&O) Insurance?
Chubb offers its own Pro ERM policy, which agents and brokers quote through Cyber Central or Marketplace. Mylo compares quotes from several business insurers to balance coverage and price.
Mylo shops E&O across insurers and offers claims-made or occurrence forms; Chubb bundles E&O, media and cyber in Pro ERM. 1,3
What Are the Key Differences Between Chubb and Mylo Professional Liability (E&O) Insurance?
Types of Businesses
Chubb names non-licensed consultants, event planners, design and marketing firms, staffing firms, printers, travel agents and trustees for Pro ERM. 1 Mylo uses examples including app development, financial planning and salon services, and frames fit around businesses that could face client dissatisfaction claims. 3
Combined Policy Versus Policy-Form Choice
Chubb's Pro ERM combines professional liability, media and cyber for non-licensed professional-services firms. 1 Mylo brokers quotes from multiple insurers and explains that E&O may be claims-made or occurrence, with tail coverage available for claims-made forms. 3 Choose Chubb for the combined structure; choose Mylo if comparing carriers or trigger forms matters more.
What Should You Confirm in Chubb and Mylo Professional Liability (E&O) Insurance Quotes?
- Ask Mylo which carrier and policy form it proposes, including whether the quote is claims-made or occurrence. 3
- Ask Chubb for Pro ERM's limit and retention. 1
- Confirm Chubb's non-licensed eligibility against your business activities. 1
- Ask Mylo whether tail coverage is available and what it costs. 3
Chubb vs Mylo Professional Liability (E&O) Insurance Compared
Chubb vs Mylo: Professional Liability (E&O) Insurance: documented features by provider
| Criteria | Chubb Pro ERM (Professional Enterprise Risk Management) | Mylo 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. | Mylo markets this line to businesses that could face a claim from a client unhappy with their professional services, using examples spanning app development, financial planning and beauty-salon services. 3Company-reported. Product page examples; a particular business's eligibility depends on underwriting. |
| 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. | Mylo says it recommends coverage customized to the business and compares professional liability quotes from top-rated business insurance companies to find a combination of coverage and price. 3Company-reported. Product page "How will Mylo find me the right policy?" 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. | Mylo describes the policy responding to breach-of-contract claims, bodily injury or property damage claims, financial-loss claims, and consequential-damages claims arising from a client relationship. 3Company-reported. Product page coverage descriptions; actual insuring agreements and exclusions are set by the issued policy. Mylo explains that professional liability comes in claims-made and occurrence forms, and that tail coverage can be added to a claims-made policy to extend reporting after it ends. 3Company-reported. Product page FAQ; which form and tail terms are offered depends on the placed carrier. |
| 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. | Mylo brokers professional liability insurance by comparing quotes from multiple business insurance companies rather than underwriting the policy itself. 3Company-reported. Professional liability product page. |
