Medical Protective is Pleased to Offer Cyber Liability Coverage
MedPro CyberShield added to physicians' and surgeons' policies at no additional charge
FORT WAYNE, IN – February 21, 2011 – Medical Protective, the national leader in primary medical professional liability coverage and risk solutions, is pleased to announce it is now offering MedPro CyberShield, a cyber liability coverage product at no additional charge to policyholders. The Company will be adding MedPro CyberShield coverage to all of its insured physicians' and surgeons' policies (including corporate policies with affiliated physicians) following state regulatory approval.
MedPro CyberShield provides liability coverage for network security, patient notification, cost of data recovery, and violations of privacy regulations including HIPAA, Gramm Leach Bliley and HITECH.
"The pressure on physicians, practice managers, and their entire staff to protect the integrity of data has never been greater," said Mark Wittel, Agency Sales Vice President of Medical Protective. "We have seen a rise in the reports of data breaches and accidental releases of sensitive medical or financial information. CyberShield is another example of MedPro expanding our product offering to meet our customers' growing needs. Medical Protective is poised to offer a solution across the full healthcare continuum from first dollar coverage to large deductibles, SIRs and alternative risk solutions for the individual healthcare provider to large Hospitals and other facilities."
About Medical Protective
With over $800 million in annual premium, Medical Protective is a national leader in primary healthcare professional liability coverage and risk solutions for physicians, dentists, hospitals, healthcare facilities and other healthcare professionals. As the nation's first provider of healthcare professional liability insurance, Medical Protective has been protecting the assets and reputations of healthcare providers for more than 110 years. Offerings include professional liability insurance on both claims-made and occurrence forms, risk management consulting and education, premium finance solutions and – through affiliates and partners – additional products and services for healthcare providers. Healthcare professional liability insurance products are underwritten and provided by The Medical Protective Company, rated AA+ (Very Strong) by Standard & Poor's and A++ (Superior) by A.M. Best, and its affiliates on both admitted and excess and surplus paper, and are distributed through a nationwide network of employee sales managers, appointed agents and brokers. Medical Protective is a Berkshire Hathaway business. More information about Medical Protective is available at www.medpro.com.