Chubb vs 
Risklytics: How Do They Compare for Workers’ Compensation Insurance?
Chubb underwrites workers' comp directly for small businesses; Risklytics places it with outside carriers, takes the application online and says it adds no fee on top of the premium.
Chubb directly covers small businesses up to $30 million in revenue; Risklytics places robotics, autonomy and AI risks with specialist insurers and says it adds no broker fee. 1,4,3
What Are the Key Differences Between Chubb and Risklytics Workers’ Compensation Insurance?
General Small-Business Underwriting Versus Specialist Placement
Chubb underwrites workers' compensation directly for small businesses, across a wide range of classes including technology, up to $30 million in revenue. 1 2
Risklytics does not name the carrier that underwrites Risklytics Workers' Compensation Insurance on its site. It says it places business with specialist insurers willing to write robotics, autonomy and AI risk; the issuing carrier appears on the bound policy. 3,4Company-reported. Lines page and about page; no specific insurer is published for this line.
Because Risklytics places rather than underwrites the policy, the insurer for a given business depends on which specialist carrier accepts its risk profile, unlike Chubb's fixed underwriter. 3
Choose Chubb if your business fits its revenue range; choose Risklytics if your operation uses robotics or AI and you want its specialist market. 3
How Each Prices the Line
Chubb's employer liability option appears on its coverage list without a published dollar amount, described there only as "various." 1
Risklytics says statutory limits for this line are set by state law rather than chosen by the buyer, and its carrier-paid commission adds no separate broker fee. 5
Getting a Quote
Chubb's application path is a direct online quote request, or an appointed broker applying for a Chubb Appointment to bind the policy. 1
Risklytics says it starts the process through its own online application, with a licensed producer staying on the file until the program binds. 5
What Should You Confirm in Chubb and Risklytics Workers’ Compensation Insurance Quotes?
- Ask Risklytics which specialist carrier it is proposing for the business's operations and whether that carrier is licensed in the business's state. 3
- Ask Chubb for the specific employer liability limit, since its page describes the option without a dollar figure. 1
- Confirm the business's revenue and class fall inside Chubb's published eligibility range before applying directly. 1
- Ask Risklytics to confirm in writing that no broker fee applies beyond the carrier-paid commission. 5
- Ask Risklytics what class-based limit a business in the applicant's industry typically requests, since statutory minimums vary by state. 3
Chubb vs Risklytics Workers’ Compensation Insurance Compared
Chubb vs Risklytics: Workers’ Compensation Insurance: documented features by provider
| Criteria | Chubb Small Business Workers' Compensation Insurance | Risklytics Workers' Compensation Insurance |
|---|---|---|
| Who It’s For | Chubb says this policy covers small businesses with as little as one employee up to $30 million in revenue, across a wide range of classes including technology. 1,2Company-reported. Coverage-highlights list on the small-business workers' compensation page. | Risklytics says the coverage is required by law in most states once a company has its first employee, and notes states differ on whether founders and officers can exclude themselves. 3Company-reported. Lines page. |
| How to Apply | You can request a quote online, or an appointed independent agent or broker can apply for a Chubb Appointment to place the policy. 1Company-reported. Small-business workers' compensation page quote call-to-action for business owners and for agents and brokers. | You start Risklytics Workers' Compensation Insurance through Risklytics' online application. Risklytics says there is no broker fee on top of the premium and a licensed producer stays on the file until the program binds; its commission is paid by the carrier out of the premium either way. 5,4Company-reported. Pricing page describes the general application and fee process, not a line-specific form. |
| Coverage Features | Chubb lists coverage for medical expenses and lost wages, a waiver of subrogation option, various employer liability limits, and occasional international travel coverage available through a foreign package policy. 1Company-reported. Coverage-highlights list; specific options depend on the issued policy. | Risklytics describes Workers' Compensation as paying an injured employee's medical bills and part of their wages, citing a technician straining their back and a field installer falling from a ladder at a customer site as examples, and distinguishes it from general liability, which would answer a customer's own employee being hurt instead. 3Company-reported. Lines page; the issued policy and declarations control actual coverage. |
| Role in This Line | Chubb underwrites workers' compensation insurance directly for small businesses, crafted to pair with a Chubb BOP for combined policy and claims service. 1Company-reported. Workers' Compensation for Small Business product page. | Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Workers' Compensation Insurance with outside carriers; it says it does not underwrite policies itself. 4Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line. |
| Risk Services | Chubb describes internal nurse case managers, a return-to-work program, pharmacy benefit management, preferred-provider network access, and a Special Investigative Unit for suspected fraud as part of its workers' compensation claims service. 1Company-reported. Exceptional Service section of the small-business workers' compensation page; company-described service program. | Risklytics calls workers' compensation easy to get, since it is legally required and priced from the client's payroll and job classifications. 3Company-reported. Lines page. |
