in the components category and “Do you have specific security language built into third-party agreements?” Security provider Chubb has introduced Cyber COPE, a new model for underwriting cyber insurance to improve assessments of cyber and privacy risks. The company said it will be offering its first cybersecurity product in the United States this year. The questions, such as "How many endpoints are used by your company?" are modelled on those used by property underwriters and require quantifiable responses that Chubb expects will reduce subjectivity between customers and brokers.
Security provider Chubb has introduced Cyber COPE, a new model for underwriting cyber insurance to improve assessments of cyber and privacy risks. The company said it will be offering its first cybersecurity product in the United States this year. The questions, such as "How many endpoints are used by your company?" are modelled on those used by property underwriters and require quantifiable responses that Chubb expects will reduce subjectivity between customers and brokers.