Chubb aims to provide health care provider with new protections The Chubb Group of Insurance Companies, the eighth largest property/casualty insurer in the U.S., has announced the launch of a new insurance product that is aimed at helping small to mid-sized health care organizations manage cybercrime and fraud. Data breach has been a serious issue for many industries and may soon become a serious problem in health care. Per the Affordable Care Act, most health care records are to be stored electronically. The law also paves the way for a…
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Chubb Adds Protection for Cyber and Other Crimes to Its Private Company Program
WARREN, NJ, December 5, 2011 — To help protect private companies from an increasing number of cyber and other crimes, the Chubb Group of Insurance Companies has added insurance coverages and risk management services to its ForeFront Portfolio 3.0SM program. “The frequency and severity of cyber breaches, employee thefts, kidnappings and workplace violence incidents are growing concerns for many companies and their employees,” said Lisa Jones, vice president for private business management liability products for Chubb. “Private companies remain vulnerable to these potentially disruptive and expensive criminal incidents if they…
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