The Doctors Company Protects Members from Fastest Growing Practice Threat with New CyberGuardSM Liability Insurance - Insurance News | InsuranceNewsNet

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January 19, 2010 Newswires
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The Doctors Company Protects Members from Fastest Growing Practice Threat with New CyberGuardSM Liability Insurance

Members Benefit from Broad New Protections for Online Practice, Privacy, and Security Risks

NAPA, Calif.--(BUSINESS WIRE)-- 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.

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.

For more information about CyberGuard, please visit www.thedoctors.com/cyberguard.

About The Doctors Company

Founded by doctors for doctors in 1976, The Doctors Company (www.thedoctors.com) is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company is the largest national insurer of physician and surgeon medical liability in the U.S. with 46,000 member physicians, $3 billion in assets, an A rating by Fitch Ratings, and an A- rating by A.M. Best Company.

The Doctors Company
Brendan Doherty, 707-226-0261
[email protected]

Source: The Doctors Company

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