The Doctors Company, the largest national insurer of physician and
surgeon medical liability in the U.S., became the first insurer to add
CyberGuard for its members, extending the industry’s most relentless
medical liability insurance to cover an emerging threat to medical
practices—privacy and data security.
“Our unwavering dedication to
defend, protect and reward physicians in the practice of good medicine
requires that we respond to emerging risks on their behalf.”
Reports of data breaches and accidental releases of sensitive medical or
financial information are increasing. And, as more physicians manage an
ever-growing volume of high-value data for patients, their exposure to
potential risk is elevated as well.
“This unprecedented coverage for physicians is the latest example of our
commitment to protect our members and help them address the
ever-increasing demands of modern medical practice,” said Richard E.
Anderson MD, FACP, chairman and CEO. “Our unwavering dedication to
defend, protect and reward physicians in the practice of good medicine
requires that we respond to emerging risks on their behalf.”
Beginning January 1, 2010, The Doctors Company has added the CyberGuard
coverage enhancement for solo and small group members as protection
against claims arising from the theft, loss, or accidental transmission
of patient information. In addition, specific coverage in CyberGuard
includes costs associated with the defense of a Red Flag Violation,
HIPAA or government investigation, fines, patient notification and
credit monitoring costs for affected persons. It also includes coverage
for both online and offline information, virus attacks, identity theft,
and costs of data recovery.