With solutions designed for health care and managed care organizations, you can tailor coverage to fit your needs, whether that includes employee, customer or third-party information, or media liability and extortion coverage.
Coverage Highlights
Benefits
- Claims and underwriting expertise
- Flexible underwriting approach
- Regional offices provide customers nationwide access to underwriters informed on privacy issues
- Affirmative 100% allocation of defense provision if at least one covered claim is asserted
- No retention, coinsurance, time element or prior written approval restrictions for data breach fund
- Data breach expenses not subject to a post-discovery time restriction
- Coverage for regulatory fines
- Consumer redress fund applies to full privacy and network limits of liability
Coverage
- Privacy Liability coverage includes personal information in any format as well as customer and employee information; breaches are not restricted to a network event
- Network Security Liability
- Data Breach Fund includes:
- First and third party expenses
- Forensic expenses
- Expenses to comply with the consumer notification provisions of the applicable jurisdiction that most favors coverage for such expenses
- Costs for voluntary notification (prior written approval requirement)
- Costs to retain public relations, crisis management and law firms
- Legal expenses incurred by the Insured to ascertain their indemnification rights under contract
- Credit monitoring expenses (no longer tied to privacy regulations)
Limits
Up to $20 million
Client Profile
Any healthcare or managed care organization managing sensitive customer or employee information, third party corporate information, a computer network or website