Third Party Administration (TPA)
MPIE provides all aspects of insurance processing services to healthcare organizations wishing to contract out the administration of all or part of their insurance program while still retaining the financial risk. These services may include, but are not limited to: claims administration, underwriting evaluation, actuarial analysis, risk management services, patient safety education, short term staffing, interview and hiring expertise for administrative staff, coaching and consultative services.
MPIE offers – at no additional charge to insureds – cyber liability and audit coverage. This coverage is seen as a policy enhancement to existing professional liability policies.
Coverage maximum provided at $50,000 per covered breach event, audit, investigation, or disciplinary proceeding including fees and costs incurred by appointed counsel.
Additional coverage limits are available and may be indicated for larger more complex healthcare organizations. Please contact an underwriting expert to discuss your options
Cyber liability insurance provides a comprehensive insurance solution to you from the moment a breach is suspected through restoration of your operations. Risk management tools and support are provided to defend and prepare your business for an attack before it happens.
Our expert claims-handling team will support you each step along the way in responding to the breach and help you get your business back into full swing.
Cyber liability insurance is comprised of nine core components: