Cyber Insurance for Healthcare Organizations

Flexible, Integrated Solutions and Services for the Healthcare Industry

When it comes to cyber threats, the healthcare industry is a target. Keeping patient data safe is a HIPAA requirement that is becoming more challenging every day. Ransomware, security breaches, and social engineering are just some of the cyber and security exposures that we can help protect your clients against. We recognize the importance of protecting an organization’s reputation and financial strength.

First-Party Coverage Sections

  • Data Breach Response
  • Data Recovery & Restoration
  • Business Interruption
  • Extortion Threat
  • Cyber Crime

Third-Party Coverage Sections

  • Data Security & Privacy
  • Regulatory
  • Payment Card Industry (“PCI”)
  • Media
  • Technology Services
  • Bodily Injury Indemnification

Coverage Features

  • Fully customizable policy
  • Affirmative bodily injury indemnification sub-limit available for bodily injury directly resulting from a data security event
  • Full available policy limits for civil regulatory fines and penalties
  • Coverage for post-event mitigation expenses included
  • Cyber Crime coverage including coverage for funds transfer fraud, phishing, and social engineering—no separate application required
  • Medical record restoration services in addition to identity and credit monitoring within notification and monitoring expense coverage
  • No exclusion for D&O claims resulting from a data security event
  • Full prior acts coverage standard

Coverage Options

  • Coverage available outside the policy limit for notification/monitoring on basis of number of notified individuals
  • Business Interruption coverage including contingent business interruption, system failure, voluntary shutdown, and extra expense
  • Reputational Income Loss coverage
  • Consequential property damage for Computer System coverage
  • Invoice Manipulation coverage

Cyber Risk Management Services

  • 24/7 free access to the Cyber Risk Services online platform
  • Unlimited access to helpline support by phone and email
  • Knowledge center with over 500 healthcare-specific resources
  • Cyber Fitness Check
  • Monthly newsletter
  • HIPAA compliance materials
  • Risk assessment guidance
  • Incident response planning materials
  • Interactive employee training courses, posters, and webinars
  • Live phishing simulation

Download Sell Sheet

Download Cyber Risks Services Sheet

Target Risk Classes

Including, but not limited to:
  • Medical facilities
  • Physician groups
  • Allied health
  • Long term care facilities
  • Hospitals and health systems
  • Social services with healthcare
  • Life sciences
  • Medical device manufacturers
  • Managed care organizations
  • Telemedicine

Limits

  • Ability to offer primary, lead excess, and capacity excess
  • Primary and excess limits up to $5 million