MSI Launches $25M Cyber Insurance Program for Managed Care Organizations

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Cybersecurity shield protecting a digital medical chart with binary code and lock icons, symbolizing managed care organizations (MCOs) cyber insurance.

Specialized Cyber Insurance

MSI has introduced MSI Cyber for Managed Care Organizations, a specialized cyber insurance program offering up to $25 million in primary and excess coverage. The new program directly targets the unmet cyber risk and cybersecurity needs of managed care organizations (MCOs). MCOs handle high volumes of sensitive healthcare data, placing them at increased risk of cyberattacks. However, this sector remains underserved by traditional cyber markets.

Managed Care Organizations (MCOs) Cyber Insurance Features
  • Primary and excess coverage up to $25 million
  • Cyber liability, privacy liability, technology errors and omissions, and miscellaneous professional liability
  • Access to a market-leading breach response panel
  • Support from forensic analysts, breach coaches, and specialized legal counsel
  • Expert underwriting informed by deep sector experience
Cyber Insurance Innovation Built for Health Insurers

“Innovation means building solutions that address real, unmet needs in the market,” said Rajiv Matta, Chief Innovation Officer at MSI. “This program reflects our ongoing mission to bring forward-thinking solutions to underserved sectors.” As a Lloyd’s-approved coverholder, MSI leverages delegated underwriting authority to meet complex risk profiles.

Experienced Leadership at the Helm

“We developed this program with a deep understanding of the evolving threats and challenges that managed care organizations face,” said Tim LeMarbre, Cyber Product Leader at MSI. “We are proud to unveil a high-capacity solution with the flexibility to deploy our significant limits wherever it is needed.”

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LeMarbre and Tammy Kocher, Vice President, Head of Cyber Underwriting at MSI, will lead the program. Together, they bring over 40 years of underwriting experience in cyber insurance.

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Future-Ready Strategy

This new managed care organization (MCO) cyber insurance offering is the first in a series of cyber insurance programs MSI plans to release. It supports the company’s vision of expanding its portfolio of 20+ personal, commercial, and professional insurance solutions.

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

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