The Baldwin Insurance Group Inc. has launched a new cyber insurance program specifically designed for managed care organizations (MCOs). This initiative, named MSI Cyber for Managed Care Organizations, offers coverage of up to $25 million in primary and excess placements. The program aims to address the complex risks and cyber threats faced by health insurers, providing a tailored solution with dedicated capacity. As a Lloyd's approved coverholder, MSI is providing a comprehensive package that includes privacy and cyber liability, technology errors and omissions, and miscellaneous professional liability, along with access to expert risk management services and a breach response panel. The initiative is led by Tim LeMarbre and Tammy Kocher, who bring a combined 40 years of underwriting experience, and marks the beginning of multiple cyber programs planned by the company. For further details, interested parties are encouraged to visit MSI's website.
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