Allied World North America Revises 365Complete® Product for Managed Care Organizations; Enhances Policy's Cyber Liability Services - Insurance News | InsuranceNewsNet

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February 3, 2017 Newswires
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Allied World North America Revises 365Complete® Product for Managed Care Organizations; Enhances Policy’s Cyber Liability Services

Managed Care Weekly Digest

By a News Reporter-Staff News Editor at Managed Care Weekly Digest -- Allied World Assurance Company Holdings, AG (NYSE:AWH) announced new cyber liability enhancements and related services for its U.S. managed care package policy, 365Complete®. The revised policy now contains heightened cyber protection and also expands the number of managed care clients who qualify for this coverage by increasing the revenue threshold from $50M to $100M (see also Allied World Assurance Company Holdings, AG).

Originally created in 2008, 365Complete® blends Managed Care Errors and Omissions coverage with other key components. The policy clarifies the scope of the coverage, giving clients the protection they need, ensuring seamless claims service and providing the security to know that gaps are reduced.

Christian Gravier, President, North American Professional Lines, said, "This expanded policy demonstrates our ongoing commitment to providing comprehensive coverage for managed care organizations within the Healthcare Management Liability Division."

"We worked closely with our cyber team to provide small managed care organizations the tools they need to respond to a breach," said Kerry Stetz, Vice President, Healthcare Management Liability Product Manager. "In addition to state-of-the art cyber coverage, 365Complete® clients receive access to Allied World's Specified Response Vendors, should a privacy or network security event occur," said Stetz. 365Complete® support services include identifying applicable state and federal breach notification statutes and assistance in retaining other response vendors for services such as notification or data forensics. For more information, please contact Kerry Stetz at [email protected]. About Allied World Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch.

Keywords for this news article include: Managed Care, Allied World Assurance Company Holdings AG.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

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