AHA Endorsement:

Cyber Risk Insurance

While IT applications, including electronic health records (EHRs) and electronic data storage systems, increase the volume and complexity of the health care information being managed, they also increase a health care organization’s exposure to data security breaches and identity theft. The financial and reputational costs associated with restoring lost or damaged data, sending breach notifications to patients, and other potential liabilities that fall under each state’s breach notification statute can be huge.

Why We Endorse Chubb Cyber Risk Insurance for Health Care

The AHA Signature Due Diligence Processidentifies Chubb as a leader in providing Cyber Risk Insurance Solutions for Health Care through robust and flexible insurance coverage options and proactive risk management services for data breach protection. Coverage limits and terms customized for the needs of individual health care organizations—from large care systems to smaller allied health organizations—are among the standout features of the solution. The policy provides robust first- and third-party coverage for exposures related to health care cyber/data privacy/security breaches that easily integrates with existing insurance programs. In addition, the Chubb cyber loss prevention consultant services reimbursement program is currently unmatched in the industry. With its standout products and services and an ongoing dedication to education, Chubb has proven its commitment to helping the health care community mitigate cyber-related risks.

 

Chubb Group of Insurance Companies (“Chubb”) is the marketing name used to refer to the insurance subsidiaries of The Chubb Corporation. For a list of these subsidiaries, please visit its website at www.chubb.com. Actual coverage is subject to the language of the policies as issued. Chubb, Box 1615, Warren, NJ 07061-1615.

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Stolen laptops, rogue employees, and hacker breaches can compromise patient records and their sensitive information. Chubb Cyber Risk Insurance Solutions for Health Care addresses a wide array of risks associated with providing health care in a technology-dependent world.

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