American Hospital Association's subsidiary, AHA Solutions, Inc., has chosen Chubb Group as the lead provider of cyber liability insurance for its members.
“Hospitals take their responsibility to safeguard patient information very seriously as more and more patient information is stored electronically,” said Anthony J. Burke, president and chief executive officer of AHA Solutions, Inc. “After an extensive due diligence process, we are endorsing Chubb because of its thorough understanding of healthcare organizations and their cyber security vulnerabilities. We look forward to collaborating with Chubb on sharing its knowledge with our members to help prevent data breaches, as well as providing healthcare organizations with a tailored insurance product that can help mitigate the financial and reputational damage that may occur with a data breach.”
Chubb's CyberSecurity for Health Care Organizations product insures against the ramifications of a data breach by covering legal defense, crisis management and privacy-notification expenses as well as a number of regulatory fines and penalties.
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