American Hospital Association's subsidiary, AHA Solutions, Inc.,has chosen Chubb Group as the lead provider of cyber liabilityinsurance for its members.

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“Hospitals take their responsibility to safeguard patientinformation very seriously as more and more patient information isstored electronically,” said Anthony J. Burke, president and chiefexecutive officer of AHA Solutions, Inc. “After an extensive duediligence process, we are endorsing Chubb because of its thoroughunderstanding of healthcare organizations and their cyber securityvulnerabilities. We look forward to collaborating with Chubb onsharing its knowledge with our members to help prevent databreaches, as well as providing healthcare organizations with atailored insurance product that can help mitigate the financial andreputational damage that may occur with a data breach.”

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Chubb's CyberSecurity for Health Care Organizations productinsures against the ramifications of a data breach by coveringlegal defense, crisis management and privacy-notification expensesas well as a number of regulatory fines and penalties.

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The American Hospital Association, like other ChubbCyberSecurity customers, is eligible for partial reimbursement ofcosts for retaining cyber loss prevention services from certainconsultants, attorneys and vendors. The AHA will also have accessto eRisk Hub, an online cyber risk management program.

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“Healthcare providers should be prepared for the inevitable databreach—perhaps, the most significant threat they face today,”stated Kim Holmes, deputy health care product manager for ChubbSpecialty Insurance. “The insurance coverage and loss preventiontools available through CyberSecurity by Chubb—including the onlyloss prevention reimbursement program available today—can helporganizations comply with increasingly stringent regulations whileproviding significant protection to their bottom lines.”

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In 2011, a Privacy Rights Clearinghouse study said that almost athird of all the U.S.'s reported data breaches hit healthcareorganizations.

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