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AIG Healthcare offers data privacy coverage
NEW YORKAIG Healthcare Security and Liability Insurance is a new portfolio of coverages designed to protect health care companies from liabilities and costs related to the negligent handling of private data.
In addition to coverage for third-party liability, the AIG Healthcare program will respond to costs of crisis management when a security breach occurs.
The program, which is available on a primary and excess basis, covers liabilities resulting from a negligent disclosure or breach of private or confidential data.
Limits up to $10 million are available.
For more information on AIG Healthcare Security and Privacy Liability Insurance, contact Marie Myers, assistant underwriting manager, at 617-330-4238 or email@example.com.
Lexington services target managed care companies
NEW YORK--Lexington Insurance Co. has teamed with Steven M. Ziegler P.A., a Hollywood, Fla.-based law firm, to offer a suite of risk and claims management services for managed care organizations.
These services are free for Lexington policyholders and are designed to help managed care organizations control liability exposure, litigation and claims costs. Services include reviews of medical management and provider contractors to identify and mitigate areas of liability exposure; preclaim counseling, including recommendations to prevent the escalation of incidents that could result in liability claims; risk management seminars; claims management; and legal defense services.
For more information, contact New York-based Lexington's Susan Angelo, vp and product line manager, at 617-330-8413 or firstname.lastname@example.org.
Venture Insurance rolls out professional liability program
WEST CHESTER, Pa.--Program administrator Venture Insurance Programs has launched Venture Professional, a professional and management liability program featuring directors and officers, errors and omissions, and employment practices liability coverage.
Venture Professional uses multiple admitted and nonadmitted insurers as well as Lloyd's of London syndicates.
Premiums for each of the three coverages typically start at $1,000. D&O and E&O limits are available up to $10 million, and EPLI limits of $1 million to $5 million, depending on the type of account.
For more information on Venture Professional, contact Annamarie Keen, director of corporate sales, at 800-282-6247, ext. 278, or visit www.ventureprograms.com.