Hays Affinity and the Association of Teleservices International (ATSI), announced two new coverage enhancements to the ATSI Professional Liability Insurance Program. Effective April 1, 2012, when ATSI members purchase the Professional Liability policy, coverage will automatically include Cyber Liability ($100,000 sub-limit). The new policy will also include third party HIPAA/HITECH claims and HIPAA/HITECH fines and penalties ($50,000/$100,000) coverage. For members that require higher limits of cyber liability, they will be able to purchase up to $1,000,000 limit of liability for a nominal additional premium.
The cyber liability enhancement will provide protection for claims alleging breach of network security, customer notification, and regulatory fines and penalties for violations of systems breach and privacy regulations as they pertain to the HIPAA/HITECH Acts.
In addition to the new cyber liability coverage, Hays has negotiated the addition of the ATSI “Tower Endorsement.” This collection of ten coverage enhancements addresses many of the ancillary exposures faced by today’s firms, including: travel indemnity, identity theft expenses, employee dishonesty, and defense expense benefits.