What Is Chubb?
Chubb fits technology firms seeking DigiTech ERM or small businesses with up to $30 million in revenue seeking a BOP; buyers wanting an instant direct purchase should compare online carriers. Agents can quote eligible small accounts, with a faster cyber route. 1,2,3
Simply Business: Online Small-Business Insurance Marketplace
Simply Business describes a digital marketplace and licensed-producer service for small businesses. The policy and selected insurer determine coverage, fees, servicing and claims responsibilities. 5,6
What Is Cyber Insurance?
Cyber insurance can help pay covered response costs and claims against your business after a cyber incident. If your business relies on data, software or outside providers, compare response limits, vendor outages and approval rules. 8,9
Key Differences in Cyber Insurance
Coverage Design and Endorsements
Chubb’s Cyber ERM spans first-party incident costs and third-party cyber, privacy, payment-card, regulatory and media exposures, with cyber-crime coverage available by endorsement. Simply Business’s public page summarizes security-event and privacy-regulation risks that may be covered but does not specify comparable grants. Ask for the actual forms and endorsement schedule before treating the coverage labels as equivalent. 3 7
Quote Access and Binding
Chubb lists configurable endorsements for widespread cyber events and ransomware, including separate limits or retentions and a patching grace period for certain software exploits. Simply Business does not detail comparable endorsement structures publicly. If systemic events or ransomware retention are central, ask the Simply Business carrier for exact terms and Chubb for the offered endorsement amounts. 3 7
Terms to Obtain
Chubb routes buyers through agents and brokers using Cyber Central or Marketplace; Simply Business provides online and phone paths but says panel-member approval is required to bind. Confirm the named insurer, quote validity and policy-specific limits and retentions with each route. 4 6
What to Confirm in Cyber Insurance Quotes
- Ask Chubb which systemic-event and ransomware endorsements are included and their separate retentions; ask Simply Business for matching event definitions, patch conditions and any applicable cyber sublimits. 3 7
- Request the named Chubb underwriting entity and broker’s binding confirmation. For Simply Business, confirm its panel carrier approved the specific cyber add-on and identify the issuer on the declarations. 4 6
Chubb and Simply Business Review Scores for 2026
These averages can combine ratings for different products, locations, and customer groups, including approximate BBB grade conversions. Read each review for the sources, scope, and calculation.
Chubb Review Score
Review Score
5 rated sources
Chubb earns 5/5 from NerdWallet, which reports fewer-than-expected commercial property and liability complaints. Customer ratings are mixed across products and locations.[1][4][7][8][9]
Read Chubb reviewsSimply Business Review Score
Review Score
4 rated sources
Customers disagree about Simply Business. Trustpilot shows 4.3 out of 5 from 1,901 reviews, but BBB customers give it 1.95 from 20 reviews and ConsumerAffairs shows 1.0.[6][10][7]
Read Simply Business reviewsChubb vs Simply Business Cyber Insurance Compared
Chubb vs Simply Business: Cyber Insurance: documented features by provider
| Criteria | Chubb Cyber Insurance (Cyber Enterprise Risk Management) | Cyber liability coverage as an add-on through Simply Business |
|---|---|---|
| Role in This Line | 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. | Confirm in your quote. |
| Issuing Insurer | 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. | Confirm in your quote. |
| Who It’s For | 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. | Simply Business says cyber is available as an added coverage for select businesses purchasing another business policy, with general liability, professional liability and workers’ compensation given as examples. This is not a universal availability promise. 7Company-reported. Company-published cyber information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer. |
| Coverage Features | 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. | The cyber page describes security-event and privacy-regulation claim types as risks that may be covered. This is company education; the policy determines coverage, limits, triggers and exclusions. 7Company-reported. Company-published cyber information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer. |
| Limits and Retentions | 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. | Confirm in your quote. |
| Risk Services | 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. | Confirm in your quote. |
| How to Apply | 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. | The page lists a phone quote route for cyber and also describes an online quote tool. Its Terms say availability varies by state, insurer and business details and binding requires panel-member approval. 7,6Company-reported. Company-published cyber information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer. |
| Claims Support | 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. | Confirm in your quote. |
Related Pages for Chubb vs Simply Business Cyber Insurance
Cyber Insurance Pages for Chubb and Simply Business
Other Coverage Lines Compared for Chubb vs Simply Business
Other Cyber Insurance Provider Comparisons
Sources for Chubb vs Simply Business Cyber Insurance
Sources About Chubb
- Insurance For Technology Companies. Chubb; Industry overview; Who we serve; Products and services: commercial package insurance (BOP, Benchmarq, Customarq), E&O/Cyber, Financial Lines, workers’ compensation, auto and umbrella; dedicated underwriting, claims and risk engineering. Accessed 2026-09-16.
- Terms Of Use. Chubb; Acceptance of Terms identifying Chubb Group Holdings Inc.; surplus-lines producer restriction; products not available to all users or jurisdictions; Chubb Limited safe-harbor language; Internet Portals for Chubb Business. Accessed 2026-09-16.
- Cyber Insurance Coverage & Products. Chubb; Cyber Enterprise Risk Management target clients and product features; Cyber insurance coverage first-party and third-party lists; Cyber crime by endorsement; quoting via Cyber Central and Marketplace. Accessed 2026-09-23.
- Cyber Insurance for Businesses. Chubb; Cyber Services section; Incident response section; 24/7 hotline and Cyber Alert app; "95% of Fortune 1000 companies are Chubb insured". Accessed 2026-09-23.
Sources About Simply Business
- Our Small Business Insurance Story. Simply Business; Opening description and audience; digital marketplace, business types and U.S. service. Accessed 2026-09-29.
- Terms of Service. Simply Business; Dated June 30, 2026; §1 lines 22–28; §8 lines 87–113; §10 lines 143–149; §19 line 211. Accessed 2026-09-29.
- Cyber Insurance. Simply Business; Claim types lines 88–105; select-buyer add-on/phone quote lines 171–175; route and last-updated lines 389–395. Accessed 2026-09-29.
Sources for the Cyber Insurance Guide
- Cyber Insurance. Federal Trade Commission; Opening; First-Party and Third-Party Coverage; First-Party Coverage; Third-Party Coverage; What Should Your Cyber Insurance Policy Cover. Accessed 2026-09-16.
- CyberEdge specimen policy. AIG; General Terms §§4–6, PDF pp.3–6; Security and Privacy §1 p.11, §2(l)/(p) p.14, §3 pp.15–18, exclusions p.18; Event Management §1 and §2(h), PDF pp.19–20. Accessed 2026-09-16.
