Why is cyber risk cover important for medical practices?

Cyber risk is a growing threat to Australian medical practices further increased by the adoption of electronic health records and billing systems, and the Federal Government’s mandatory data breach obligations. While you can’t avoid cyber risk, you can make sure your practice is prepared for and protected against cyberattacks.

Complimentary Cyber Risk Cover

MDA National Practice Policyholders are protected with complimentary Cyber Risk Protection until 30 June 2019 including:
  • Practical resources to equip you with the know-how to mitigate cyber risk and mandatory privacy breach obligations
  • Cyber Risk Cover up to $100,000* in the aggregate against privacy breaches, network security liability, media liability, cyber extortion, data loss, business interruption and incident responses which includes:
    • 24 hour cyber crisis assistance should your practice come under cyberattack 1800 027 428 
    • expert cyber risk claims managers  to support your practice through a cyberattack.

*Cyber Enterprise Risk Management Insurance Policy is arranged by Jardine Lloyd Thompson Pty Limited (ABN 69 009 098 864, AFSL 226 827), underwritten by Chubb Insurance Australia Limited (ABN 23 001 642 020) and can be accessed by new and current MDA National Practice Policyholders until the earlier of 30/06/19 or their ceasing to hold a current MDA National Practice Indemnity Policy. The Cyber Enterprise Risk Management Insurance Policy terms, conditions, exclusions, limits and deductibles apply.

MDA National insurance products are underwritten by MDA National Insurance Pty Ltd (MDA National Insurance) ABN 56 058 271 417 AFS Licence No. 238073, a wholly owned subsidiary of MDA National Limited ABN 67 055 801 771. Before making a decision to buy or hold any products issued by MDA National Insurance, please consider your personal circumstances and read the Important Information and Policy Wording and the Supplementary Important Information and Endorsement to the Policy Wording available at mdanational.com.au.     

Frequently Asked Questions