INSURANCE
Cyber Liability and Protection Plus Coverage
Important Protections for Our Policyholders
Coverys offers policyholders protection for information privacy, information security, and certain regulatory actions. Our coverage is designed to provide immediate assistance with the investigation and notification process upon the discovery of a loss, or of a suspected loss, of private information. It is also designed to provide an assortment of expert resources, liability coverage, expense reimbursement, and/or fines and penalties reimbursement toward specific events.
Information Security and Privacy Events
- Theft, loss, or unauthorized disclosure of protected information inclusive of disclosure due to security breaches, social media activities, etc.
- Security breaches causing asset restoration costs and lost income due to downtime.
- Cyber extortion events (e.g., ransomware).
- Privacy-related federal, state, and local regulatory proceedings.
- PCI Data Security Standard assessments.
- Lost income due to reputation damage resulting from a data privacy incident.
Regulatory and Other Events
- Medicare/Medicaid audits.
- Commercial Payor audits.
- STARK violations.
- Emergency Medical Treatment and Labor Act (EMTALA) violations.
- HIPAA compliance violations.
- Electronic crime and fraudulent instruction incidents.
- ACO Professional Service claims.
Resources to Increase Resiliency and Legal Compliance (Coverys Breach Solutions)
- Best practices for specific threats such as ransomware and business email compromise.
- Employee risk assessment and actions.
- Educational training courses on timely topics such as: HIPAA, password security, multi-factor authentication, ransomware, working remotely, phishing, and using social media.
- Articles, security alerts, and trend overviews.
- A robust phishing simulator to enhance employee awareness of cyber threats, ultimately strengthening the company's overall security posture.
- A suite of privacy and security procedures for HIPAA-covered entities.
- A full range of sample policies and procedures.
Protection For Policyholders
Request A Medical Liability Insurance Quote
Complete our easy request form to receive information on pricing and specific coverage.
Start My RequestInsurance products provided by Medical Professional Mutual Insurance Company, ProSelect Insurance Company, Coverys Specialty Insurance Company, and Nevada Mutual Insurance Company. In NY, coverage provided by Coverys Risk Retention Group, Inc. Claims handling and breach response services are provided by Beazley USA Services, a member of Beazley Group. Beazley USA Services does not underwrite insurance for Coverys. Policies purchased through Coverys are subject to Coverys' underwriting processes. Coverys_0326