Healthcare organizations of all types - from hospitals, to managed care companies, to physician groups - are vulnerable to security breaches, both malicious and accidental. Even the best internal processes and data security measures cannot guarantee that private data will be kept safe. And while the potential liability is formidable, the exposure is typically not addressed by conventional insurance policies - including professional liability, commercial general liability or even media liability insurance policies. Security & Privacy Insurance with Crisis management Insurance Coverage from AIG Healthcare® covers the multiple facets of a healthcare organization's data breach exposure.
Features and Benefits
- Failure of their network security
- Failure to protect or wrongful disclosure of private or confidential information
- Failure to protect personally identifiable information from misappropriation
- Violation of federal, state, or local privacy statute alleged in connection with failure to protect private information, including HPIAA-related information