What Are the Key Differences Between Chubb and Cowbell Crime Insurance?
Digital Binding Versus Wholesale Access
Chubb provides crime through ACE American and Chubb affiliates. Cowbell makes Zurich’s Select Plus crime module available only to appointed Zurich wholesalers through its platform. For Chubb, check the revenue cap; for Cowbell, check the asset cap and broker access before pursuing either quote. [4] [5] [9]
Similar Size Caps, Different Metrics
On Chubb Marketplace, ForeFront’s target appetite is organizations with fewer than 250 employees and less than $50 million in revenue. Cowbell targets the crime module at private companies with under 250 employees and under $50 million in assets. [3] [5]
ACE American Versus Zurich Admitted Paper
Chubb’s crime sheet names ACE American Insurance Company and U.S.-based Chubb affiliates. Cowbell and Zurich both say Select Plus modules, including crime, are written on Zurich admitted paper; neither page states that Zurich American Insurance Company is the specific policy issuer for the module. [4] [5] [9]
Listed Crime Events and Limits
Chubb lists social-engineering fraud, employee theft including temporary and contracted workers, client theft, and funds-transfer fraud. Cowbell describes cover for theft, fraud and embezzlement by employees or third parties. Neither provider’s reviewed pages publish crime limits. [4] [5]
What Should You Confirm in Chubb and Cowbell Crime Insurance Quotes?
- Confirm whether your size is measured against Chubb’s revenue cap or Cowbell’s asset cap. [3] [5]
- Ask which Zurich entity issues Select Plus crime; Chubb’s sheet already names ACE American. [9] [4]
- Confirm you can reach Cowbell only through an appointed Zurich E&S wholesaler. [5]
- Get crime limits and retentions from both. [4] [5]